Key checks from Walmart and the big box stores What to watch this week
News Source : Yahoo Entertainment
News Summary
- Investors step into a relatively quiet five-day stretch, with big box stores and other major retailers' earnings reports and a slew of manufacturing data taking center stage.
- On the economic data front, manufacturing readings will be front and center, with industrial production and manufacturing production numbers from the Federal Reserve Board on Tuesday.
- Also on the calendar are housing starts data on Tuesday, expected to show a major downward shift, and the release on Wednesday of the minutes from the Fed's last meeting.
- The vibes are in a tough spot, to say the least.
- US consumers grew more gloomy about the economy in August as sentiment declined amid the war, higher bond yields, and geopolitical uncertainty.
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