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 Report
and
Home Depot
(HD) - Get Report
, two components of the
Dow Jones Industrial Average
, will release their numbers, as will
TJX
(TJX) - Get Report
.
Also scheduled are
Fortress Investment
(FIG)
and
La-Z-Boy
(LZB) - Get Report
.
Meanwhile,
McDonald's
(MCD) - Get 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 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.