Advertisement
Australia markets close in 2 hours 28 minutes
  • ALL ORDS

    8,184.60
    -88.10 (-1.06%)
     
  • ASX 200

    7,946.80
    -89.70 (-1.12%)
     
  • AUD/USD

    0.6701
    -0.0010 (-0.15%)
     
  • OIL

    82.45
    -0.37 (-0.45%)
     
  • GOLD

    2,429.50
    -26.90 (-1.10%)
     
  • Bitcoin AUD

    96,000.43
    -757.31 (-0.78%)
     
  • CMC Crypto 200

    1,329.13
    -0.37 (-0.03%)
     
  • AUD/EUR

    0.6153
    +0.0003 (+0.06%)
     
  • AUD/NZD

    1.1113
    +0.0026 (+0.23%)
     
  • NZX 50

    12,260.31
    -69.13 (-0.56%)
     
  • NASDAQ

    19,705.09
    -94.01 (-0.47%)
     
  • FTSE

    8,204.89
    +17.43 (+0.21%)
     
  • Dow Jones

    40,665.02
    -533.08 (-1.29%)
     
  • DAX

    18,354.76
    -82.54 (-0.45%)
     
  • Hang Seng

    17,402.98
    -375.43 (-2.11%)
     
  • NIKKEI 225

    39,952.62
    -173.73 (-0.43%)
     

Boeing CEO testifies, US retail sales data: What to watch

As the trading day draws to a close, let's look ahead to the key events scheduled for Tuesday, June 18th.

On the economic front, investors will be keeping a close eye on the release of the U.S. retail sales data. Economists are anticipating a 0.3% increase in May.

Meanwhile, Boeing (BA) CEO Dave Calhoun is preparing to testify before a US Senate subcommittee. His testimony is expected to address the company's safety culture, which has come under intense scrutiny in the wake of recent incidents.

In the housing sector, KB Home (KBH) is set to report its second quarter earnings, offering a glimpse into the current state of the housing market landscape.

ADVERTISEMENT

Additionally, Boston Fed President Susan M. Collins will speak with Yahoo Finance in an exclusive interview at 4:40 pm ET.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Angel Smith

Video transcript

Time now for what to watch.

Tuesday, June 18th us retail sales may coming out in the morning economist forecasting sales to increase 0.3% is coming after Americans halted their spending in April giving us some more insight on consumers as they continue to battle inflation.

Meantime, outgoing Boeing Ceo Dave Calhoun on the hot scene, he'll be testifying in front of a senate subcomittee on Tuesday focused on the safety culture of the aerospace giant and it follows a new report from the Wall Street saying the company is running into some hurdles finding Calhoun's successor on the front KB.

Home is reporting second quarter earnings after the bell and expect the home builders to expand home orders by about 20%.

They also be keeping an eye on the company's outlook for gross margins given that volatile rate environment.

And finally, Yahoo finances Jennifer Shaon Beger will have an exclusive interview with Boston Federal Reserve President Susan Collins that will be coming up tomorrow at 4:40 p.m. Eastern