5 Things to Watch on Wall Street This Week
From Fedex reporting earnings to BlackBerry finally bringing the Z10 smartphone to America, there will be plenty happening to move the markets in the week ahead.
From Fedex reporting earnings to BlackBerry finally bringing the Z10 smartphone to America, there will be plenty happening to move the markets in the week ahead.
Americans loosened their purse strings in May to update their wardrobes with bright new styles and take advantage of Mother's Day promotions.
Let's go over some of the items that will shape the week ahead on Wall Street: Pricey iPads and cheap smartphones will dominate tech; retailers' will report earnings; Winnebago will tell us what it has in the tank; and the smart money will be watching an eye in the sky.
Federal economic data, as well as the Labor Department's Producer Price Index and Consumer Price Index, could dominate economic news this week. And while the earnings season is winding down, quarterly reports from Nike and Ross Stores are scheduled.
The earnings spotlight falls on retailers this week, and expectations are high for many of them, including Abercrombie & Fitch and Dollar Tree, which has benefited from the recession and slow recovery.




