Home Depot stock down

Stocks weak here as the 10 year hit the highest intraday level since 2011. Why? Investors seem spooked by Commerce Department data showing American consumers upped spending and New York manufacturing activity that showed business activity better than expected in April. Those sound great for the longterm? Is the Fed going to start to play into all of this? San Francisco Fed President John Williams noting the Fed has only a few more rates hikes ahead of it before rates reach neutral. What's at stake? Home Depot. Drag on the Dow today. Knock on effect today in real estate. Check out some of these names. Is HD that big of a leading indicator? Spending on factories, equipment and other capital expenditures by companies in the S&P 500 is expected to have risen 24% in the first quarter to $166 billion, on track for the fastest quarterly pickup since 2011 and a record for the first quarter of a year, according to Credit Suisse data going back to 1995.