Lowe's earnings, Fedspeak, Consumer data: What to Watch
Yahoo Finance Live previews the top stories and economic data investors should pay attention to for Tuesday, February 27, including earnings from companies like Lowe's (LOW) and J.M. Smucker (SJM), commentary from Federal Reserve Vice Chair for Supervision Michael Barr, and February's consumer confidence reading.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Luke Carberry Mogan.
Video Transcript
JOSH LIPTON: Time now for what to watch Tuesday, February 27 starting off on the earnings front. Earnings season we know is winding down here, but still some big names reporting tomorrow. Lowe's, Macy's, AutoZone, eBay, JM Smucker, and Masimo all set to post earnings. Lowe's reporting fourth quarter results before the opening bell, and stock having a solid start to the year it's up about 4%.
JULIE HYMAN: Taking a look at the Fed, we're going to get some more commentary from one Federal Reserve official. Vice chair for Supervision Michael Barr speaking tomorrow giving us more insight on if and when the Fed could cut rates. this coming after comments from New York Fed President John Williams on Friday saying that the Central Bank is on track to cut interest rates quote, "later this year."
JOSH LIPTON: And moving over to the economy, the monthly consumer confidence report from the Conference Board is out tomorrow measuring consumer attitudes regarding their finances. That number expected to tick up again making it four straight months of gains and providing another economic indicator ahead of Thursday's big PCE report tomorrow.
