Sec. Bessent speech, Boeing earnings, housing data: What to Watch

In This Article:

Market Domination anchor Julie Hyman outlines stories to watch on Wednesday, April 23.

Treasury Secretary Scott Bessent will be speaking at the IIF Global Outlook Forum.

A big batch of earnings will be published, including from Boeing (BA), IBM (IBM), AT&T, (T) and Chipotle (CMG).

Several Federal Reserve officials will be providing commentary, including from Fed governor Christopher Waller, Chicago Fed president Austan Goolsbee, and Cleveland Fed president Beth Hammack.

March new home sales data will be released in the morning, with economists forecasting a rise in sales to 684,000.

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Time now for what to watch Wednesday, April 23rd, sponsored by Tasty Trade. US Treasury Secretary Scott Beston is speaking tomorrow at the IIF Global Outlook Forum. Wall Street will be listening closely for any clues from Beston about the economic outlook as tariff uncertainty weighs on corporate America. On the earnings front, another big batch of earnings coming out tomorrow, including Boeing, IBM and Chipotle. Boeing will announce results for the first quarter in the morning and analysts expect the plane maker to turn a corner in the first quarter, driven by rising deliveries. Investors will be listening closely for any commentary on the company's guidance for the full year. And taking a look at the Fed, we'll be getting a lot more commentary tomorrow from various Federal Reserve officials. This comes after President Trump commented on Truth Social, calling Fed chair Jay Powell a "loser" and suggesting he lower interest rates immediately. Moving over to housing, monthly new home sales data coming out in the morning. Economists forecast sales will rise in March to 684,000 on a month-over-month basis. The increase would make it three straight months of gains, signaling some stabilization in the housing market despite elevated mortgage rates.