US stocks trade lower as investors await retail earnings reports
Fox Business Flash top headlines for August 16
Check out what’s clicking on FoxBusiness.com.
U.S. equity futures traded lower early Tuesday as the busiest week for retail sector earnings kicks off in the morning, with giants Walmart and Home Depot reporting April-through-June results ahead of the opening bell.
Stocks in this Article
In the afternoon, health care equipment maker Agilent Technologies, furniture manufacturer La-Z-Boy, doughnut seller Krispy Kreme and LED light bulb maker Cree will also announce earnings.
On Wednesday, expect earnings from Target, Lowe’s and TJX .
SPIRIT AIRLINES SAYS FLURRY OF FLIGHT CANCELLATIONS COST FIRM $50 MILLION SO FAR
Wall Street's benchmark S&P 500 hit a new high despite rising U.S. coronavirus infections.
Traders got "some positive sentiment" from Wall Street but were "paying close attention to the situation in Afghanistan," said Anderson Alves of ActivTrades in a report.