Your current location is:{Current column} >>Text

Retail sales, Bank of America earnings, Lockheed Martin: 3 things to watch By

{Current column}119People have watched

Introduction-- Stocks are rising on Monday ahead of a big week of earnings including Goldman Sachs (NYSE:), Tesl ...

-- Stocks are is price foreign exchange company formalrising on Monday ahead of a big week of earnings including Goldman Sachs (NYSE:), Tesla (NASDAQ:), and Netflix (NASDAQ:).

Investors are studying earnings for clues about business and consumer spending trends. Goldman is expected to be affected by a slump in deal making, while Netflix could provide some context on how the Hollywood strike will affect its operations for the next few months.

Retail sales, Bank of America earnings, Lockheed Martin: 3 things to watch By

Tesla has rolled out its Cybertruck, and could provide more details on when it can start delivering the electric vehicles.

Positive news about cooling inflation in recent days has helped lift the tech sector, and with it the major indexes. Investors are expecting could approach the end of its interest rate increases sooner rather than later, though futures markets still expect the Fed to raise rates by a quarter of a percentage point this month.

This week also features housing market data that could give investors more insight into the effect of rising mortgage rates on housing demand. Existing home sales, due out on Thursday, are expected to dip slightly from the prior month.

Here are three things that could affect markets tomorrow:

1. Retail sales

The reading on for June is expected out at 8:30 ET (12:30 GMT). Analysts expect them to rise 0.5% for the month and 1.6% for the year.

2. Bank of America earnings

Bank of America Corp (NYSE:) is expected to report earnings per share of 84 cents on revenue of $25 billion. Other big banks also report on Tuesday, including (NYSE:), expected to unveil earnings per share of $1.23 on revenue of $13B.

3.

Lockheed Martin Corporation (NYSE:) is expected to report earnings per share of $6.45 on revenue of $15.9B.

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