U.S. stocks trimmed early losses as Home Depot Inc. (HD) led a rally in retailers after reporting better- than-estimated earnings.

The Standard & Poor’s 500 Index was down 0.1 percent at 1,378.23 at 9:51 a.m. in New York after losing as much as 0.6 percent. The Dow Jones Industrial Average was 4 points, or less than 0.1 percent, lower at 12,811.09 after tumbling 67 points. Home Depot jumped 4.8 percent for its biggest gain since August.

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