Off to the races!
Third-quarter earnings season begins in earnest today, with tech companies
among those reporting results.
No doubt Yahoo! -- an Internet bellwether -- will attract a ton of investor attention today. Back in August,
analyst Holly Becker said that it was only a matter of time before the slowdown in dot-com spending would affect Yahoo!'s results. A follow-up article in
The Wall Street Journal
echoed Becker's worries that the tech stock would suffer from a slowdown in online advertising.
Yesterday, Yahoo! traded as low as $75.50 -- a 52-week low -- before recovering to gain $4.50, or 5.5%, to $85.75.
previewed Yahoo!'s earnings report in a
On the economic front, two weekly retail reports, the
BTM Weekly U.S. Retail Chain Store Sales Index and the
Redbook Retail Average, give Wall Street a heads-up on consumer spending.
Expected Earnings Reports
This table includes S&P 500 companies only. Dates are as expected according to First Call/Thomson Financial, and may change. The full week's earnings calendar is published separately.
Forecasts are from
. Times are Eastern. For a longer-term economic calendar and more, see
- 9 a.m.:
BTM Weekly U.S. Retail Chain Store Sales Index for the week ended Saturday. Source:
Bank of Tokyo-Mitsubishi. Forecast: N/A. Previous: +0.1%.
Redbook Retail Average for the month through Saturday. Source:
LJR Redbook. Forecast: N/A. Previous: +0.9%.