Wednesday's Big Stock Stories: What’s Likely to Move the Market in the Next Trading Session
Treasury yields retreated on Tuesday, giving stocks a tailwind. The Dow Industrials registered a third straight winning session.
TL;DR
- Nvidia and Salesforce to report earnings after market close on Wednesday.
- Economic data releases include Personal Income, Consumer Spending, and Durable Goods.
- Treasury yields for 3-month, 2-year, 10-year, and 30-year bonds are provided.
- High-yield bond ETFs (HYG, JNK, SHYG, FCOR) show varying dividend yields.
- Retail stocks Bath & Body Works, J.M. Smucker, Kohl's, and Williams-Sonoma are in focus.
- CrowdStrike also reports earnings after the bell.
- Dick's Sporting Goods stock plummeted 30% after missing earnings and citing challenges in the footwear business.