Lowe's earnings and housing starts: US housing market's latest

In This Article:

Home improvement retailer Lowe's (LOW) may have topped third quarter earnings estimates and raised full-year guidance, but its shares are taking a dip this session on its sales growth declines.

Yahoo Finance senior housing reporter Dani Romero examines what Lowe's sales and interest rates are indicating about the home improvement industry. Romero goes on report October's US housing starts, which slipped to 1.31 million from the prior month.

To watch more expert insights and analysis on the latest market action, check out more Wealth here.

This post was written by Luke Carberry Mogan.