Wall Street was mixed as Hollywood writers reached a tentative deal to end a strike action.
Investors have watched major market benchmarks give up most of their summer gains in the past couple of weeks, and sentiment as the fall season begins seems to be tepid at best. This week, investors will hear the latest from athletic footwear giant Nike (NYSE: NKE) as well as semiconductor chipmaker Micron Technology (NASDAQ: MU). Here's what to expect from both companies as investors start to get ready for earnings season to ramp up in earnest in the next few weeks.
Investors are keenly watching the financial updates from influential companies such as Nike (NYSE:NKE) and Micron Technology (NASDAQ:MU) this week, amid recent major market benchmark losses. Both companies hold significant influence in their respective sectors, and positive news could potentially trigger a market turnaround.