Home Depot's Outlook, Weak Home Sales Punish Housing Stocks

It’s a rough morning for housing-related stocks. Shares of Home Depot are down 5%, after the home-improvement retailer [said it expects](https://www.wsj.com/articles/home-depot-forecasts-earnings-drop-this-year-138dd0f8) its earnings to fall this year. Rival Lowe’s also saw its stock fall 5%. Shares of homebuilders sold off as well after new data showing sales of previously-owned homes [fell for the twelfth consecutive month](https://www.wsj.com/articles/u-s-home-sales-fell-in-january-for-12th-s