AutoZone (NYSE:AZO) reported quarterly earnings of $24.64 per share which beat the analyst consensus estimate of $21.91 by 12.46 percent. This is a 10.49 percent increase over earnings of $22.30 per share from the same
Trading in the U.S. index futures suggests stocks may start Tuesday’s session slightly higher, although the mood could be cautious ahead of some key economic data on the housing market, business activity and consumer confidence.
Cues From Monday’s Trading:
The CNN Money Fear and Greed index showed some improvement in the overall sentiment among US investors.
US stocks moved higher on Monday after recording the worst week of 2023. US treasury yields eased, after moving higher on Friday following a hotter-than-projected data on the Fed’s preferred inflation gauge.