Tomorrow's Headliners: Wal-Mart
Retail earnings will be one of the keys to Tuesday's session, as traders will be treated to quarterly reports from two of the biggest chain stores in the world.
On the early side, both
Wal-Mart
(WMT) - Get Walmart Inc. Report
and
Home Depot
(HD) - Get Home Depot Inc. (The) Report
, two components of the
Dow Jones Industrial Average
, will release their numbers, as will
TJX
(TJX) - Get TJX Companies Inc. (The) Report
.
Also scheduled are
Fortress Investment
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and
La-Z-Boy
(LZB) - Get La-Z-Boy Incorporated Report
.
Meanwhile,
McDonald's
(MCD) - Get McDonald's Corporation Report
, another Dow stock, will host an analyst meeting.
The economic calendar is light, with pending home sales data and the Treasury budget the only notable items due.
Federal Reserve
Governor Randall Kroszner is scheduled to speak at Standard & Poor's Annual Bank Conference in New York.
On
TheStreet.com
, Ted Reed will examine the prospects for airline mergers now that
Delta
(DAL) - Get Delta Air Lines Inc. Report
has said it could be a player, and Jeffrey Strain will explain the costs of multitasking.
Also, Roger Nusbaum will take a look at exchange-traded funds in the weekly column, ETF Tuesday.
