--- title: "Nasdaq Down Over 1%; Home Depot Earnings Top Estimates" type: "News" locale: "en" url: "https://longbridge.com/en/news/296241407.md" description: "US stocks declined on Tuesday, with the Nasdaq Composite falling over 1%, the Dow dropping 0.08%, and the S&P 500 down 0.55%. Healthcare led gains, while technology fell. Home Depot reported better-than-expected Q2 earnings. Notable movers included Profusa (+193%) and Wetour Robotics (+73%), while Lucas GC (-79%) and Ucloudlink (-28%) dropped significantly. Commodities saw mixed results, and European and Asian markets were mostly lower or mixed." datetime: "2026-08-18T13:59:13.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296241407.md) - [en](https://longbridge.com/en/news/296241407.md) - [zh-HK](https://longbridge.com/zh-HK/news/296241407.md) --- # Nasdaq Down Over 1%; Home Depot Earnings Top Estimates U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 1% on Tuesday. Following the market opening Tuesday, the Dow traded down 0.08% to 53,416.87 while the NASDAQ fell 1.25% to 26,310.99. The S&P 500 also fell, dropping, 0.55% to 7,702.64. **Leading and Lagging Sectors** Health care shares jumped by 1.8% on Tuesday. In trading on Tuesday, information technology stocks fell by 1.9%. **Top Headline** **Home Depot Inc** (NYSE:HD) reported better-than-expected earnings for the second quarter on Tuesday. The company posted quarterly earnings of $4.92 per share which beat the analyst consensus estimate of $4.73 per share. The company reported quarterly sales of $47.861 billion which beat the analyst consensus estimate of $47.271 billion. **Equities Trading UP**            - **Profusa Inc** (NASDAQ:PFSA) shares shot up 193% to $13.26 after rising around 27% on Monday. Profusa recently announced a 1-for-4 reverse stock split. - Shares of **Xos Inc** (NASDAQ:XOS) got a boost, surging 106% to $4.32 after the electric fleet and energy solutions company secured its first military award. - **Wetour Robotics Ltd (**NASDAQ:WETO) shares were also up, gaining 73% to $42.62 after gaining 397% on Monday. **Equities Trading DOWN** - **Lucas GC Ltd (**NASDAQ:LGCL) shares dropped 79% to $0.30. - Shares of **Synergy CHC Corp (**NASDAQ:SNYR) were down 31% to $0.11 after dipping 7% on Monday. - **Ucloudlink Group Inc** (NASDAQ:UCL) was down, falling 28% to $0.49 after the company reported worse-than-expected second-quarter financial results and cut its FY26 sales guidance below estimates. **Commodities** In commodity news, oil traded up 0.8% to $85.18 while gold traded down 0.5% at $4,451.30. Silver traded down 1.5% to $65.250 on Tuesday, while copper fell 0.9% to $6.5585. **Euro zone** European shares were mostly lower today. The eurozone’s STOXX 600 fell 0.3%, while Spain’s IBEX 35 Index gained 0.4% London’s FTSE 100 gained 0.3%, Germany’s DAX declined 0.3%, while France’s CAC 40 dropped 0.4%. **Asia Pacific Markets** Asian markets closed mixed on Tuesday, with Japan’s Nikkei 225 dipping 2.54%, Hong Kong’s Hang Seng index gaining 0.07%, China’s Shanghai Composite rising 0.19% and India’s BSE Sensex falling 0.63%. **Economics** - The New York Fed’s services business activity index declined to 0.5 in August from a reading of 8.7 in July. - U.S. export prices declined 1.3% month-over-month in July, following a revised 0.7% fall in June. - U.S. import prices fell by 0.4% month-over-month in July, compared to a revised 0.3% decline in the previous month and versus market estimates of a 0.1% rise. - U.S. housing starts fell by 12.4% from the previous month to an annualized rate of 1.239 units in July. - U.S. building permits gained by 5% month-over-month to an annual rate of 1.443 million in July, versus market estimates of 1.37 million. _Photo via Shutterstock_ ### Related Stocks - [LGCL.US](https://longbridge.com/en/quote/LGCL.US.md) - [HD.US](https://longbridge.com/en/quote/HD.US.md) - [UCL.US](https://longbridge.com/en/quote/UCL.US.md) - [WETO.US](https://longbridge.com/en/quote/WETO.US.md) - [VOO.US](https://longbridge.com/en/quote/VOO.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [DIA.US](https://longbridge.com/en/quote/DIA.US.md) - [SPY.US](https://longbridge.com/en/quote/SPY.US.md) - [IVV.US](https://longbridge.com/en/quote/IVV.US.md) - [SPLG.US](https://longbridge.com/en/quote/SPLG.US.md) - [SPXL.US](https://longbridge.com/en/quote/SPXL.US.md) - [UPRO.US](https://longbridge.com/en/quote/UPRO.US.md) - [SSO.US](https://longbridge.com/en/quote/SSO.US.md) - [SH.US](https://longbridge.com/en/quote/SH.US.md) - [SPXS.US](https://longbridge.com/en/quote/SPXS.US.md) - [SPXU.US](https://longbridge.com/en/quote/SPXU.US.md) - [SDS.US](https://longbridge.com/en/quote/SDS.US.md) - [SPYI.US](https://longbridge.com/en/quote/SPYI.US.md) - [JEPI.US](https://longbridge.com/en/quote/JEPI.US.md) - [XYLD.US](https://longbridge.com/en/quote/XYLD.US.md) - [ONEQ.US](https://longbridge.com/en/quote/ONEQ.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md) - [QQEW.US](https://longbridge.com/en/quote/QQEW.US.md) - [QQQE.US](https://longbridge.com/en/quote/QQQE.US.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [QLD.US](https://longbridge.com/en/quote/QLD.US.md) - [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md) - [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md) - [QID.US](https://longbridge.com/en/quote/QID.US.md) - [DDM.US](https://longbridge.com/en/quote/DDM.US.md) - [UDOW.US](https://longbridge.com/en/quote/UDOW.US.md) - [DOG.US](https://longbridge.com/en/quote/DOG.US.md) - [SDOW.US](https://longbridge.com/en/quote/SDOW.US.md) - [DXD.US](https://longbridge.com/en/quote/DXD.US.md) - [PFSA.US](https://longbridge.com/en/quote/PFSA.US.md) - [XOS.US](https://longbridge.com/en/quote/XOS.US.md) - [SNYR.US](https://longbridge.com/en/quote/SNYR.US.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [000001.CN](https://longbridge.com/en/quote/000001.CN.md) - [NVACW.US](https://longbridge.com/en/quote/NVACW.US.md) - [XOSWW.US](https://longbridge.com/en/quote/XOSWW.US.md) ## Related News & Research - [LIVE MARKETS-Quiet on the surface with ripples underneath](https://longbridge.com/en/news/295696777.md) - [Kalshi files for S&P 500 perpetual futures in challenge to traditional exchanges](https://longbridge.com/en/news/296226910.md) - [Home Depot CEO Takes Medical Leave. 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