Your current location is:{Current column} >>Text
Broadcom, Lululemon, Hormel Foods Earnings: 3 Things to Watch By
{Current column}5People have watched
Introduction© Reuters By Liz Moyer-- Stocks wobbled to end a down month as investors worried about an aggre ...

By Liz Moyer
-- Stocks wobbled to end a down month as investors worried about an aggressive Federal Reserve.
The next big economic report comes Friday with the government's release of August jobs data. Analysts expect the economy created 300,000 nonfarm jobs. Before then, however, there will be data on jobless claims for the most recent week. Wednesday's private payroll reading from ADP showed a lower than expected increase in jobs.
Companies have been announcing layoffs as they face a cloudier economic future. The Fed is trying to tame the inflation that is creating those clouds, but investors have worried it will go too far and tip the economy into recession, resulting in widespread job losses.
The Fed returns to decide its next move on interest rates in late September. Before then, it will also get to see data on the latest inflation readings.
Here are three things that could affect markets tomorrow:
1. Broadcom earnings
Broadcom Inc (NASDAQ:AVGO) is scheduled to report earnings on Thursday. Analysts expect it to report earnings per share of $9.56 on revenue of $8.4 billion.
2. Lululemon earnings
Athletic apparel maker Lululemon Athletica Inc (NASDAQ:LULU) is expected to report EPS of $1.86 on revenue of about $1.8 billion.
3. Hormel Foods earnings
Hormel Foods Corporation (NYSE:HRL) is seen reporting earnings of 41 cents a share on revenue of nearly $3 billion.
Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!
Tags:
Related articles
PacWest, Western Alliance shares slip as regional bank woes resume By
{Current column}-- Regional bank stocks in the U.S. dropped in early trading on Tuesday, putting them on course to e ...
Read moreMarketmind: Trillion
{Current column}Statement: The content of this article does n ...
Read moreChina's COVID
{Current column}© Reuters. A woman shows her health status on a phone to a security guard, at an entrance of a shopp ...
Read more
Popular Articles
- U.S. Debt Ceiling Matters More Than Inflation for Markets Now
- German tabloid attacks ECB chief Lagarde as 'Madam Inflation' By Reuters
- Lilly kicks off application for Alzheimer's drug U.S. approval By Reuters
- U.S. consumer confidence rebounds; house price growth likely peaked By Reuters
- Cluster of Chinese vessels spotted near Russian rig off Vietnam
- Microsoft Results Beat in Q1 as Momentum in Cloud Revenue Continues By
Latest articles
-
Nvidia to build Israeli supercomputer as AI demand soars By Reuters
-
Don’t Trust Yield Curve’s Gloomy Signals as Consumer Will Save Economy By
-
Ripple’s Partner, Novatti Enables XRP, BTC… With CryptoSpend Visa Card By CoinQuora
-
Three people shot dead during huge protests against Sudan coup, doctors say By Reuters
-
Stocks slide on U.S. debt ceiling and inflation woes By Reuters
-
U.S. FDA advisers weigh Pfizer/BioNTech COVID