Business Retail earnings, Fed Chair Powell testifies, FOMC minutes: What to know in the week ahead

[McFurd]

Yahoo Finance - 5/17/2020 - Heidi Chung - A deluge of retail earnings and the Federal Reserve will be in focus in the week ahead. Approximately 92% of the S&P 500’s (^GSPC) market cap reported first-quarter earnings, but 22 of 45 brick-and-mortar retailers have yet to release results this earnings season. “These names are projected to decline -41%, versus -9% for those that have already reported. This comparison is unfair, however, as 18 of these companies have an April quarter-end, which captures far more of the shelter-at-home period,” Credit Suisse strategist Jonathan Golub explained in an email Friday. Read more @ https://finance.yahoo.com/news/retail-e ... 31143.html