Yellen Testimony, Home Prices, JP Morgan Chase Investor Day All Part of Markets Focus
FJanet Yellen gives day one of her two day testimony to a Senate Finance Panel today. We also have earnings from Home Depot, Macy's as well as other retailers.
Wall Street has a lot to digest today. Federal Reserve Chairwoman Janet Yellen gives day one of her two day testimony to a Senate Finance Panel today. We also have earnings from Home Depot, Macy's as well as other retailers. We continue to watch oil prices for April delivery as they fluctuate around $50 a barrel and heating oil rallies on more cold weather for the Northeast United States. JP Morgan Chase holds its investor day, where some expect the bank to outline how it will reduce its trading business due to new regulations. We also get another snapshot of the housing market when Case Shiller releases its home price index for January.
