Summary: Stocks were flat at the opening bell on this Tuesday as investors were mostly unmoved by the latest bit of earnings reports and inflation data. The Producer Price Index unexpectedly increased 0.2% in October. The Labor Department said the increased costs for food and services outweighed the decline in fuel prices. Home Depot (HD) reported better-than-expected earnings results. The world's largest home improvement chain reaffirmed its full year guidance. Dick's Sporting Goods (DKS) reported its profit hurt by weak demand in its golf and hunting segments. Urban Outfitters (URBN) is starting the day lower after reporting its quarterly earnings Monday. The retailer missed profit estimates but revenue did beat forecasts. Results at the Urban Outfitters brand were weak but its Anthropologie and Free People units posted strong results.
