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Home Depot reports above average quarterly profit

Home Depot (HD) also raised its quarterly dividend by 34% to 39 cents a share and approved a $17 billion stock repurchase program to replace its previous authorization. Its shares rose 6.1% to $67.80 in morning trading, Reuters reported.

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DC Reserve 3
Powell makes it clear: No rate cuts anytime soon 

Powell made statements that indicate there will be no rate cuts anytime soon because the economy and the labor market are too strong.

3d rendering of a row of luxury townhouses along a street

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