Key checks from Walmart and the big box stores What to watch this week

Image for article 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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