Earnings season heats up this week, but if things turn out as expected, this quarterly reporting season will be nothing short of ice-cold. With 10 components of the Dow Jones Industrial Average
Consumer spending accounts for about two-thirds of GDP, and today investors receive a key consumer reading at 8:30 a.m. EDT: monthly retail sales. Economists expect a 0.2% rise from May. The expectations align with lackluster same-store sales numbers posted earlier this month, when average sales at a group of 20 companies grew 0.3%, according to a report from Retail Metrics.
In deal-related news, reports surfaced over the weekend that GlaxoSmithKline has reached an agreement with Human Genome Sciences
Yearning for some earnings
On the earnings front, investors will be looking to Citi
Outside the S&P, mortgage REIT Chimera Investment
Forget about earnings season
While we like to understand what's going on with the market on a daily basis, the fact remains that investment decision-making is done best when short-term noise is removed from the equation. That's why we at The Motley Fool love companies with highly sustainable business models built for the long haul. In a special free report entitled "The 3 Dow Stocks Dividend Investors Need," we outline a few companies that fit this mold to a "T." Be sure to claim your free copy of this limited-time report today, before it's gone, by clicking here.
Brenton Flynn owns no shares of the companies mentioned. The Motley Fool owns shares of JPMorgan Chase and Citigroup. Motley Fool newsletter services have recommended buying shares of Cintas and Wells Fargo. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.