Retail Earnings, Fed Minutes and Other Key Things to Watch this Week
Markets will focus on retail earnings this week, with Home Depot, Target, TJX, and Walmart all reporting results. The Federal Reserve's FOMC meeting minutes will be released on Wednesday, providing insight into Chair Kevin Warsh's policy deliberations. Elon Musk believes Tesla short sellers will be "obliterated," yet they have still made $9 billion in profits.
Google's Gemini has caught the attention of its co-founder, Sergey Brin, who wants the company to double down on the project. Investors should keep an eye on these key developments as well as the August Manufacturing and Services PMI, Philadelphia Fed Manufacturing Index, and initial jobless claims on Thursday, as well as crude oil inventories on Wednesday.
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