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Story summary
- Home Depot posted results after CEO Ted Decker took a leave, with Ann-Marie Campbell and Richard McPhail handling company.
- Bank of America expects Home Depot’s comparable-store sales to beat Lowe’s because of contractor exposure.
- Morgan Stanley says quarter will be stable but recovery needs lower mortgage rates.
- LSEG forecasts $47.27 billion in revenue and earnings of $4.73 per share.
- July housing starts rose 19% while June pending home sales fell 5.4%.
