Posted 2/27/2024, 8:21:00 AM
Markets Cautious After AI Rally; Lowe's Earnings Eyed Amid Spending Fears
- Futures markets little changed on Tuesday following last week's AI-fueled rally; traders eye economic data and earnings
- Lowe's to report Q4 results; company has warned of pullback in discretionary spending amid high inflation
- Bitcoin briefly tops $57,000, boosted by sustained inflows into spot ETFs launched this year
- Disney shakes up leadership at live action movie studio after recent box office disappointments
- Oil prices edge higher, extending Monday's gains; market rangebound on inflation/growth concerns