3 Things to Watch in the Stock Market This Week
Stocks jumped last week, as both the Dow Jones Industrial Average (DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) gained roughly 3% and approached new records. The Dow is up 13% so far in 2021 and the S&P 500 has gained 14%
Several popular stocks will announce earnings results over the next few trading days. Let’s look at why McCormick (NYSE:MKC), Bed Bath & Beyond (NASDAQ:BBBY), and Constellation Brands (NYSE:STZ) are due for higher volatility this week.
Investors are taking a wait-and-see approach to McCormick lately as they watch for more hints about its growth prospects. The spices and flavorings giant is in the middle of a slowdown as economies reopen and people spend less time around the home. The pace of that deceleration is the big question on Wall Street’s mind heading into…