Lowe’s Slumps 1.23% as Retail Sector Jitters and Macroeconomic Uncertainty Drag on 210th-Ranked Trading Volume

On October 9, 2025, Lowe's (LOW) closed with a 1.23% decline, trading at a volume of $0.54 billion, ranking 210th in market-wide trading activity. The stock's performance reflects broader market dynamics amid mixed retail sector sentiment and macroeconomic uncertainty.

Analysts noted that Lowe's underperformance correlates with recent investor caution toward discretionary consumer stocks. While home improvement demand remains resilient, earnings forecasts for Q4 have been tempered by rising input costs and competitive pressures from regional rivals. Institutional selling pressure intensified ahead of the company's earnings release, which is scheduled for late October.

To carry out this back-test rigorously, we need to generate daily lists of the 500 highest dollar-volume U.S. common stocks between 2022-01-03 and today. The strategy would then calculate the next-day return of an equal-weighted portfolio. This approach requires complex data aggregation across market-wide rankings and portfolio-level returns, distinct from single-ticker analysis. Before proceeding, confirmation is needed on modeling assumptions including close-to-close trading, equal weighting, and exclusion of transaction costs.