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Wall Street Looks Out for More Earnings and Fed Chair Janet Yellen Testimony

July 28, 2023
in Trade Tube
Reading Time: 1 min read
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For the week ahead, we keep an eye on notable earnings, U.S. economic data, and other events that could move the markets. On Tuesday, Federal Reserve chair Janet Yellen testifies before the Senate Banking Committee on the U.S. economy, monetary policy and the global outlook. The following day, she will testify before the House Financial Services Committee in Washington. It’s a very busy week on the earnings front. We look for quarterly financial results from HSBC (HSBC), Macy’s (M), Comcast (CMCSA), Home Depot (HD), Hewlett Packard (HPQ), Target (TGT), Dollar Tree (DLTR), J.C. Penney (JCP), Gap (GPS), and Anheuser-Busch (BUD). On the economic calendar we point out existing home sales, consumer confidence, consumer price index, and the fourth quarter GDP revision. TheStreet’s Kurumi Fukushima reports in New York.

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