On tap next week: 2 housing reports and 2 Cub earnings releases. Here's what we're looking for

All three major U.S stock indices pulled back this week, as earnings season wound down and retail earnings painted a mixed picture of the state of the economy. The S & P 500 closed out the week down more than 2%, while the Nasdaq Composite lost 2.6% — with both averages tumbling for a third-consecutive week. The Dow Jones Industrial Average ended the week lower by 2.2%.

Shoppers carry retail bags along the Magnificent Mile shopping district in Chicago, Illinois, on Tuesday, Aug. 15, 2023.All three major U.S stock indices pulled back this week, as earnings season wound down and retail earnings painted a mixed picture of the state of the economy.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Deere Earnings Smash Wall Street Estimates. Here’s Why the Stock Is Falling.Deere reports fiscal third-quarter earnings of $10.20 a share. Wall Street was looking for $8.22.
Source: MarketWatch - 🏆 3. / 97 Read more »

Disney, UPS earnings, consumer inflation, Cadillac's new Escalade in week aheadTwo key reports on inflation, the CPI and PPI, are due this week as are a host of quarterly earnings, including Disney, Tyson Foods, Beyond Meat, Rivian and UPS.
Source: FoxBusiness - 🏆 458. / 53 Read more »