Home Depot, Newmont Mining and D.R. Horton skid
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday:
KeyCorp., up 31 cents to $20.47
Financial firms jumped as bond yields rose to their highest levels in almost seven years.
Home Depot Inc., down $3.10 to $187.98
The home improvement retailer reported weak sales in the first quarter and its second quarter got off to a slow start.
Newmont Mining Corp., down 88 cents to $39.51
The prices of gold and other metals tumbled Tuesday as the dollar got stronger.
Clorox Co., down $1.64 to $117.40
Big dividend payers like consumer goods makers slumped as bond yields increased.
D.R. Horton Inc., down $2.93 to $40.58
Homebuilders also fell as mortgage rates increased, which could affect their sales.
Microsoft Corp., down 71 cents to $97.32
Big technology companies took some of the worst losses as most sectors of the stock market moved lower.
Agilent Technologies Inc., down $6.71 to $62.50
The scientific instrument maker’s fiscal second-quarter results generally met expectations but failed to excite investors.
Crocs Inc., up 38 cents to $15.70
Smaller and more domestically oriented firms did better than the rest of the market after a strong retail sales report.