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Market Domination Overtime hosts Julie Hyman and Josh Lipton preview the biggest stories and headlines expected out tomorrow, Thursday, May 22, including earnings results out from Williams-Sonoma (WSM), Ralph Lauren (RL), Intuit (INTU), Workday (WDAY), Ross Stores (ROST), and Deckers Outdoors (DECK); commentary from Federal Reserve Bank of New York President John Williams; US existing home sales data, and the IPO of Hinge Health (HNGE).
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Time now for to watch Thursday, May 22nd. Starting off on the earnings front, we're going to be hearing from more retailers tomorrow, including Williams Sonoma, Ralph Lauren, and Ross. Williams Sonoma announcing results for the first quarter in the morning and also expecting sales for Q1 to be slightly better than last year driven by April pull forward in spending ahead of proposed tariffs. Investors will listen closely for any commentary on the second half of the year with the tariffs and an anticipating holding pattern and weakening consumer demand.
Moving over to housing, we'll be getting fresh housing data with existing home sales coming out in the morning. Economists forecast sales will tick up to an annualized rate of 4.1 million signaling a little more buyer activity in the housing market despite elevated mortgage rates and affordability pressures.
And taking a look at the Fed, some more Fed commentary coming our way in the afternoon from New York Fed President John Williams. This coming after comments yesterday from Fed President Alberto Muslem saying that the Fed's current interest rate policy is appropriate as long as trade tensions continue to ease.
And finally, Wall Street watching for the Hinge Health IPO. The company will start, should start trading tomorrow using the ticker HNGE. So we'll see how that works out.
