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Wall Street Watches Earnings and Key Economic Data on May 12

July 13, 2023
in Trade Tube
Reading Time: 1 min read
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On Tuesday, May 12 Wall Street awaits several earnings reports along with key economic data. We highlight the release of quarterly financial results from three companies including energy producer Encana Corp (ECA), GoDaddy Inc (GDDY), and online real estate company Zillow Group Inc (Z). TheStreet’s Jim Cramer says he thinks Zillow is the one to watch on Tuesday with its low expectations. Zillow is scheduled to report its first quarter earnings after the market closes. On the economic calendar, we watch for the small business optimism index from the National Federation of Independent Business, the Labor Department’s Job Openings and Labor Turnover Survey, as well as the federal budget for April. TheStreet’s Kurumi Fukushima reports in New York.

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