Walmart, Home Depot profits, trade sales, recent home sales become main focus
(MENAFN) The trade sector will be the main topic this week with investors processing July's sales data on Wednesday and mutual profits throughout the week from main players, as well as Walmart, Home Depot, Lowe's, Target, TJX Companies and Kohl's.
Investors will as well receive new informs from the Conference Board's index of financial main indictors and current home sales.
U.S. shares showed a strong recover on Friday with all three of the main averages recording incomes of 1percent+ as investors applauded a modest pullback in customer and producer costs, while wondering the Federal Reserve may ease the size of next rate increases.
The Nasdaq Composite started a new bull market, going up by 3percent for the week, the highest close as of April. For now, the Dow and S&P recorded the best levels as of May, soaring 2.8percent and 3.2percent, one-to-one.
FOX Business thinks next events might move financial markets in the next days.
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