{"id":59039,"date":"2026-02-24T11:07:28","date_gmt":"2026-02-24T15:07:28","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/markets-stabilize-after-tariff-induced-sell-off-home-depot-leads-retail-gains-as-investors-await-consumer-data\/59039\/"},"modified":"2026-02-24T11:07:28","modified_gmt":"2026-02-24T15:07:28","slug":"markets-stabilize-after-tariff-induced-sell-off-home-depot-leads-retail-gains-as-investors-await-consumer-data","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/markets-stabilize-after-tariff-induced-sell-off-home-depot-leads-retail-gains-as-investors-await-consumer-data\/59039\/","title":{"rendered":"Markets Stabilize After Tariff-Induced Sell-Off: Home Depot Leads Retail Gains as Investors Await Consumer Data"},"content":{"rendered":"<p>The U.S. stock market opened with a cautious but positive tone on Tuesday, February 24, 2026, as investors attempted to recoup losses following a volatile start to the week. Market participants are currently navigating a complex landscape defined by renewed trade tensions, rapid artificial intelligence (AI) advancements, and a critical slate of retail earnings.<\/p>\n<h2>Major Indexes Show Resilience at the Open<\/h2>\n<p>Following a significant sell-off on Monday that saw the <a href=\"https:\/\/stockmarketwatch.com\/markets\/dowjones\/today.aspx\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average (<a href=\"\/stock\/DJI\">^DJI<\/a>) plunge 1.7% and the <a href=\"https:\/\/stockmarketwatch.com\/markets\/sp500\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> (<a href=\"\/stock\/SPX\">^GSPC<\/a>) turn negative for the year, the major indexes showed signs of stabilization at Tuesday\u2019s opening bell. The S&amp;P 500 edged higher by 0.10% to reach 6,844 points, while the tech-heavy Nasdaq Composite (<a href=\"\/stock\/IXIC\">^IXIC<\/a>) gained approximately 0.3% in early trading. The Dow Jones Industrial Average also saw a modest recovery, rising nearly 0.2% as blue-chip stocks found support.<\/p>\n<p>This morning&#39;s rebound follows a day of heavy selling triggered by President Donald <a href=\"https:\/\/thestockmarketwatch.com\/live\/trump-stock-market\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Trump\">Trump<\/a>\u2019s proposal to increase global tariffs to 15%, up from the previous 10%. While the U.S. Supreme Court had previously challenged similar measures, the administration&#39;s persistence has fueled uncertainty regarding global trade stability. Additionally, a &quot;fear gauge&quot; spike saw the CBOE Volatility Index (VIX) rise above 21 on Monday, though it has moderated slightly as today&#39;s session begins.<\/p>\n<h2>Upcoming Market Events and Economic Data<\/h2>\n<p>The focus for the remainder of the day shifts toward consumer health and central bank policy. At 10:00 AM ET, the Conference Board will release the Consumer Confidence Index for February. Analysts are expecting a headline figure of 87.6, an improvement over January\u2019s 84.5. A strong reading could signal that household spending remains resilient despite inflationary pressures and trade-related anxieties.<\/p>\n<p>Simultaneously, the Richmond Fed Manufacturing Index will provide a snapshot of industrial activity, with expectations set at -6. Investors are also closely monitoring a heavy schedule of Federal Reserve speakers, including Raphael Bostic, Christopher Waller, and Austan Goolsbee. Their commentary will be scrutinized for clues regarding the Fed&#39;s interest rate path, especially as the 10-year Treasury yield hovers near 4.04%.<\/p>\n<h2>Major Stock News and Corporate Developments<\/h2>\n<p>In the corporate sector, retail giant Home Depot (<a href=\"\/stock\/HD\">HD<\/a>) is leading the Dow&#39;s recovery this morning. The company reported fourth-quarter adjusted earnings of $2.72 per share, comfortably beating the consensus estimate of $2.52. Despite a decline in total transactions, a 2.4% increase in average ticket size and resilient demand from professional contractors helped shares of Home Depot (<a href=\"\/stock\/HD\">HD<\/a>) jump nearly 3% in early trading. This positive momentum provided a lift to rival Lowe&#39;s (<a href=\"\/stock\/LOW\">LOW<\/a>), which rose 1% ahead of its own earnings release scheduled for Wednesday.<\/p>\n<p>The technology sector remains in a state of flux. Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>) shares are seeing modest gains as the market prepares for its highly anticipated earnings report on February 25. Analysts at Wedbush recently reiterated a &quot;Buy&quot; rating on the chipmaker, citing its dominant position in the AI supply chain. Meanwhile, Microsoft (<a href=\"\/stock\/MSFT\">MSFT<\/a>) and CrowdStrike (<a href=\"\/stock\/CRWD\">CRWD<\/a>) are attempting to stabilize after falling 3.2% and 9.9%, respectively, on Monday. Those declines were fueled by fears that new AI-powered coding and security tools from competitors like Anthropic could disrupt the traditional software ecosystem.<\/p>\n<p>In the electric vehicle space, Tesla (<a href=\"\/stock\/TSLA\">TSLA<\/a>) is making headlines with its &quot;Terafab&quot; vision and the continued development of its Optimus humanoid robot. While EU registrations for the company fell 17% recently, the stock remains a focal point for AI-driven growth investors. Finally, Amazon (<a href=\"\/stock\/AMZN\">AMZN<\/a>) announced a massive $12 billion investment in data centers in Louisiana, further cementing its commitment to expanding its AI infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. stock market opened with a cautious but positive tone on Tuesday, February 24, 2026, as investors attempted to 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