Consumer companies rallied, recouping losses as fears about the impact of a Supreme Court tariff decision subsided.

Shares of home-improvement chain Home Depot rose after it posted quarterly sales ahead of Wall Street expectations.

Planet Fitness shares fell after the gymnasium chain forecast 2026 growth short of Wall Street expectations.

French billionaire Bernard Arnault has taken majority ownership of LVMH with a stake valued at more than $160 billion, tightening his family's control of the luxury conglomerate that he founded. Shares of LVMH are down significantly for the year to date, as younger shoppers seek out secondhand goods and competition from other brands intensifies.

Budget carrier Spirit Airlines has reached an agreement with its lenders to emerge from bankruptcy by early summer as a smaller, but still independent, company.

The S&P Cotality Case-Shiller National Home Price Index, which measures home prices across the country, rose 1.3% in the 12 months through December, compared with a 1.4% increase in November.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

02-24-26 1740ET