Posted 2/19/2024, 8:44:00 AM
Walmart Earnings to Gauge Consumer Spending as Fed Minutes Loom
- Nvidia and Walmart to report quarterly earnings this week, providing insights into AI demand and consumer spending trends
- Minutes from latest Fed meeting to be released, potentially shedding light on interest rate cut timeline
- Chinese markets reopen higher after Lunar New Year break as data shows pick-up in holiday consumer spending
- EU poised to fine Apple 500 million euros for allegedly favoring its own music streaming service
- Oil prices slip on concerns over potential slowdown in demand