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Earnings, Jobless Claims Are What Wall Street Is Watching on April 9

July 20, 2023
in Trade Tube
Reading Time: 1 min read
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The first-quarter earnings season heats up. Here’s what to watch on April 9. On the earnings docket, alcohol company Constellation Brands (STZ) will report before the bell. Analysts expect a 5% jump in quarterly revenue on the back of strong demand for its beer brands including Corona and Modelo. Also in earnings, discount retailer PriceSmart (PSMT) and restaurant chain owner Ruby Tuesday (RT) will report after market close. Weekly jobless claims are expected to increase 17,000 to 285,000 over the week ended April 4. Greece hits a deadline in which it must repay 460 million euro to the International Monetary Fund.

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