3 Things to Watch in the Stock Market This Week
Stocks fell again last week, as both the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) shed roughly 2%. Investors have had a tough year so far, with the indexes down 15% and 20% so far in 2022, respectively.
Earnings reports continue to help Wall Street judge whether consumer spending is slowing right now, and here we'll look at a few key announcements on the way, from Levi Strauss (NYSE: LEVI), PriceSmart (NASDAQ: PSMT), and WD-40 (NASDAQ: WDFC).
Investors have a few big questions heading into Levi Strauss' upcoming report. The jeans specialist is expected to post a 10% Q2 sales increase on Thursday, marking solid growth compared to pre-pandemic days but a slowdown compared with last quarter's 22% increase.
Source Fool.com
