Powell's speech, DNC, retail earnings: What to watch this week
Morning Brief Hosts Seana Smith and Brad Smith break down the big week ahead on Wall Street. The number one thing to watch this week is Federal Reserve Chair Jerome Powell's speech on Friday at the Jackson Hole Symposium. Investors will pay close attention to his remarks, which will provide a clearer picture of what an interest rate cut could look like at the Fed's September meeting. Secondly, the consumer will be back in focus this week as Wall Street braces for a slew of retail earnings. Companies expected to report their quarterly results include Lowe's (LOW), Target (TGT), Macy's (M), TJX (TJX), Urban Outfitters (URBN), and BJ's Wholesale (BJ). Finally, the Democratic National Convention is kicking off in Chicago today. Investors will be looking for more details from Vice President Kamala Harris's economic agenda and what she plans to accomplish over the next four years if she is elected in November. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl