Earnings Report

Sales of retailers that sell discretionary items have remained pressured since the onset of the pandemic, as declining income among households have prompted people to cut their spending on dresses and suits.

Investors will be watching for more retail earnings and home sales numbers

Huawei has repeatedly denied it poses a security risk.

Square Inc raised the bets on bitcoin by investing $170 million more and Chief Executive Jack Dorsey promised on Tuesday to “double down” on the payment firm’s commitment to the world’s biggest cryptocurrency.

Toll Brothers Inc. reported higher profit and sales for the fiscal first quarter as low mortgage rates, tight housing inventory, favorable demographic trends and the pandemic helped boost home ownership demand.

U.S. equity markets staged a dramatic comeback Tuesday with the Dow Jones Industrial Average ending just shy of a record high after Federal Reserve Chairman Jerome Powell reassured investors the central bank would continue to support the economy and that inflation would remain in control.

The upbeat outlook from the U.S. retailer follows better-than-expected sales in the holiday quarter as stimulus checks and strong online demand eased the blow from the health crisis.

The company's same-store sales jumped 24.5% in the fourth quarter ended Jan. 31, beating analysts' average estimate of an 18.9% increase.

U.S. equity markets finished mixed Monday as tech shares pulled back on valuation concerns and cyclicals gained.

U.S. equity markets ended the day and week mixed.