Home Depot shares rose nearly 4 percent Tuesday after the home improvement company beat earnings expectations in the third quarter. Glimmers of a housing market recovery and preparations for Superstorm Sandy contributed to Home Depot's strong perfomance.
Ford' Motor Company's third-quarter profit eased 1 percent to $1.63 billion as European losses swamped record North American profits. Ford Motor Company's revenue fell 3 percent to $32.1 billion as vehicle sales dropped in Europe and South America.
Newell Rubbermaid, maker of Sharpie pens and its namesake containers, plans to cut 1,900 jobs, or about 10 percent of its worldwide workforce. The cuts are part of a reorganization effort by Newell Rubbermaid over the next two and a half years.
Stocks wobbled up and down Monday, unsure of how to turn with the presidential election looming near. One stock that jumped was Ancestry.com, the genealogy website, which announced it will be bought by European private equity firms.