© Reuters.
Por Dhirendra Tripathi e Ana Julia Mezzadri
Investing.com – US stocks fell Tuesday after several days of record highs with negative fluctuations after disappointing numbers sparked fears that delta Covid-19 could change consumer behavior.
Retail sales fell to a two-month low, more than expected in July, as the building materials chain’s quarterly results were weaker. Home Depot Inc (NYSE 🙂 (SA 🙂 did not cooperate.
Consumers spent less on cars, building materials, and non-tenant retailers in the past month, following a spike in spending in previous months driven by stimulus checks.
Retail giant Walmart Inc (NYSE 🙂 (SA 🙂 raised its full-year outlook following better-than-expected second-quarter results, giving at least a glimmer of hope for an industry recovery.
In vaccines, action Modern (NASDAQ 🙂 (SA 🙂 were discharged 5% after the UK approved the Covid-19 vaccine for adolescents aged 12-17. THE Pfizer Inc (NYSE 🙂 (SA 🙂 ea Novawax Inc (NASDAQ 🙂 have also been released.
The Federal Reserve is releasing a report of its June meeting on Wednesday, and the agency’s officials are preparing for an annual symposium in Jackson Hole, Wyoming later this month. Many expect the agency to announce plans to cut bond purchases at a monetary policy meeting in September or November.
In Brazil, the market fell during the year after Tuesday’s close at a low of 1.07% to 117,903 points, influenced by movement from abroad, as well as political and fiscal risks in Brazil, which should remain on the radar of investors on Wednesday.
Here are four things that could affect the markets tomorrow:
1. Political and fiscal risks
In Brazil, the market should continue to monitor political and fiscal risks impacted by prices during Tuesday’s trading session. The first factor driving risk aversion on the Brazilian stock exchange is the vote on IR reform, which remains uncertain. President Jair Bolsonaro’s recent speeches and the latest XP / Ipespe poll also carry weight, reflecting Lula’s preference and declining government approval for Bolsonaro.
2. Lowe’s
Lowe’s Companies Inc (NYSE 🙂 (SA :), a competitor to Home Depot in the building materials industry, is expected to report earnings per share of $ 3.99 on second-quarter revenue of $ 26.65 billion.
3. Target
Target Corporation (NYSE 🙂 (SA 🙂 is expected to post-Walmart revenues of $ 24.95 billion for the second quarter and earnings per share of $ 3.49. Analysts will closely monitor single-store and online sales trends that have helped retailers grow during the pandemic.
4. NVIDIA
The week isn’t just about retail results. Of note are some tech companies such as chipmaker NVIDIA Corporation (NASDAQ 🙂 (SA :), which is expected to post earnings per share of $ 1.02 on second-quarter revenue of $ 6.32 billion.
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