The U.S. government is scheduled to release the Producer Price Index for January at 8:30 a.m. ET on Tuesday.
CNBC’s Dominic Chu said higher-than-expected data on consumer prices released last week sparked concerns of accelerated interest rates by the US Federal Reserve.
Some of the stocks that may grab investor focus today are:
Wall Street expects Halliburton Company (NYSE: HAL) to report quarterly earnings at $0.34 per share on revenue of $4.09 billion before the opening bell. Halliburton shares gained 1.5% to $27.96 in pre-market trading.
The Kraft Heinz Company (Nasdaq: KHC) ("Kraft Heinz") announced today that it has reached an agreement to acquire an 85% stake in Germany-based Just Spices GmbH ("Just Spices").
New structure is expected to take effect at the beginning of the second fiscal quarter of 2022
Carlos Abrams-Rivera, current U.S. Zone President, will lead the newly formed North America Zone
Robert Scott joins Kraft