Chiptole earnings, PMI data, Fedspeak: What to watch Wednesday

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Chipotle Mexican Grill News

Michelle Bowman,Purchasing Managers Index,GE Vernova

Asking for a Trend Host Josh Lipton breaks down what to watch on Wednesday, July 24th. IBM (IBM), Chipotle Mexican Grill (CMG), AT&T (T), Ford Motor (F), GE ...

The Purchasing Managers Index data for July will be released in the morning. Economists expect services PMI to fall to 54.8 and manufacturing PMI to rise to 51.7. New home sales numbers for June will also be released and are expected to rise to 640,000.

Taking a look at the economy amongst the purchasing managers index data or PM I for July is coming out in the morning. Economists expected services PM I to tick down to below 55 while manufacturing PM I holds relatively steady and moving over to housing new home sales numbers uh for June are also out in the morning that now expected to increase to 644,000.And finally, we're getting some commentary from fed Governor Michelle Bowman in the afternoon is coming after comments from fed President John Williams on Friday saying that long term trends still back a low neutral rate.

Down 40% from all-time highs, Datadog stock trades at a discount to consensus price target estimates in 2024. The post Bull Market Buys: 1 Top Tech Stock to Own Right Now appeared first on The Motley Fool Canada. I’m 27 and trying to save my boomer parents — they have no retirement savings and are in debt. How can I help?These three top-performing TSX stocks could deliver multi-fold returns over the next 20 years. The post 3 Roaring Stocks to Hold for the Next 20 Years appeared first on The Motley Fool Canada.The company and other chip stocks have been hit by market rotation but technology earnings could give the sector new impetus.

 

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