Investing.com — U.S. edged lower Tuesday, as investors await the release of the minutes from the most recent Federal Reserve meeting as well as more important corporate earnings.
Here are some of the biggest premarket U.S. stock movers today:
Lowe’s (NYSE:) stock fell 4.4% after the home improvement retailer cut its full-year financial guidance, saying it was hit by a larger-than-anticipated pullback in consumer spending on big-ticket items in its third quarter.
Best Buy (NYSE:) stock fell 5.3% after the consumer electronics company slashed its full-year revenue outlook, projecting a decline in comparable sales in the key holiday quarter.
Kohl’s (NYSE:) stock fell 4.4% after the department store chain posted a bigger than expected drop in quarterly sales, as customers spent less dollars amid persistently high inflation.
Zoom (NASDAQ:) stock fell 0.3% as although the video conferencing platform raised its annual revenue and profit forecasts after beating expectations in its third quarter, its glory days appear to be over with year-on-year growth non-existent.
Agilent (NYSE:) stock rose 6.7% after the healthcare equipment provider beat…
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