Economic data on the docket for Tuesday will include the JOLTS report, ISM manufacturing PMI, construction spending and vehicle sales.
Federal Reserve Chairman Jerome Powell speaks to the Senate Banking, Housing and Urban Affairs Committee, as he presents the Monetary Policy Report to the committee on Capitol Hill, Wednesday, June 22, 2022, in Washington. The Federal Reserve's two-day, policy-setting meeting will also begin on Tuesday. In addition, the Bank of England will begin selling government bonds and New York City will be required to post salary ranges in job listings.CVS Health, IHOP parent Dine Brands Global, Estée Lauder, Ferrari, Humana, Paramount Global, Tupperware and YUM! Brands will take the earnings spotlight before the market open on Wednesday.
Waiting for the week of Elections to report the earnings Wouldn’t you know.
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Oil Companies Report Record Profits, Biden Urges Them to Lower PricesEarnings reports released this week showed record profits for oil companies, leading President Biden to call for lower prices at the pump. See potential bias and similarities in coverage from FoxBusiness, CNNBusiness, and thehill:
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