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Transcripts For BLOOMBERG Bloomberg 20240703

Im katy grindfield in new york, welcome to bloomberg markets. Markets blowing past what we learned about ppi in april. Take a look at big tech. Im going to go ahead and call that unchanged wobbling around we havent seen that big leadership from big tech that weve gotten used to over the past few weeks. Its been a different story. And meanwhile, small caps at the russell 2000 right now, really lead the way. Currently up by more than 1 . 1. 2 at the moment. Well see how long that lasts. But for this moment, small caps are your big winners. Home depot though. Posting weak result this morning for the sixth straight quarter as the housing slump hits the Home Improvement retailer and shoppers hit pause on renovations. Bloombergs john e. D. s joins us with all the details. What went wrong in the biggest way for home depot . Well, its really the macro factors. Its the comparisons really with the strength they had during the pandemic when everybody was, you know, buying bigticket items to impro

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