Well, let's take a look ahead of the events
as sure to move markets tomorrow. We're gonna have
another very busy day of earnings on tap. Macy's
best buy Hormel Kroger all set to report results before
the open tomorrow. So we'll keep an eye on
Macy's and best buy amid some gloom in the retail
sector, especially for companies that sell discretionary items like
electronics and clothing. But we've seen this trend just
grow in the past year, consumers shifting their spending
habits toward buying more necessities like food and beverages instead
of recreational purchases like clothes and electronics. That trend
likely helping Kroger in this last quarter. So speaking
of that company, the grocery chain investors will look
for any hints in tomorrow's report of the state of
the grocery industry and its planned merger Kroger's. That
is specifically with Albertsons, of course, does need
to get regulatory approval to actually go through. We'll
also get some results later in the day with chipmaker
, Broadcom, retail warehouse giant Costco PC, maker
Dell and department store Nordstrom all reporting results after the
close investors will be eyeing the number from Costco that's
expected to report its weakest sales growth in more than
three years. Well, analysts estimating it posted earnings
per share of$3.21 sets of 9.6% from the same
time a year ago, sales coming in at 55.6
billion. That's a projection and there'd be a 7%
jump from a year ago. U. S.
Retail sales seen an unexpected surge in january with other
retailers like amazon walmart and Home Depot. All giving
a cautious outlook for the year, of course,
warning of slower consumer demand.