Key Financial Events to Track: Nike Earnings, Fed Commentary, and Housing Sales

Reported about 11 hours ago

On June 26, significant financial events include Nike's fourth-quarter earnings release, where analysts anticipate a 15% drop in sales, and McCormick’s earnings report before the market opens. Cleveland Fed President Beth Hammock will also provide remarks following prior testimony from Fed Chair Jerome Powell, who indicated a cautious approach to rate cuts. Additionally, pending home sales data for May is expected to show no change from April, reflecting potential stability in the housing market despite high mortgage rates.

Source: YAHOO

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