Retail earnings are back in focus on Tuesday, with results due from Kohl’s, which named a new CEO yesterday, and Best Buy. So far this reporting season, chains including Walmart and T.J. Maxx parent TJX have logged strong results, suggesting a solid holiday shopping season ahead.
Shutdown-delayed economic data is also due, including retail sales and the producer-price index, both for September. The PPI will be among the last inflation readings the Federal Reserve sees before its rate decision next month. Rising expectations for a cut have kick-started markets in recent days.
Stock futures were little changed early Tuesday, while indexes in Europe and Asia inched higher. Chinese gauges got a boost after Presidents Trump and Xi Jinping spoke on Monday and the U.S. leader said he would visit Beijing in April.
In recent trading:
Bitcoin prices held below $90,000.
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