Focus is on Fed

Earnings from several retailers are a highlight Tuesday, but traders will keep their focus on anything to do with the Fed.

The CEOs of Apple and J.P. Morgan are both in the hot seat for different reasons Tuesday morning. J.P. Morgan holds its shareholder meeting in Tampa at 10 a.m., and the big focus will be on whether investors vote to allow Chairman and CEO Jamie Dimon to retain both roles.

Apple CEO Tim Cook, meanwhile, appears before a Senate panel at 9:30 a.m. on corporate tax avoidance. The Senate Permanent Subcommittee on Investigations said Apple is using tax havens in Ireland to avoid taxes, but Apple says the tax law should be changed and it is doing nothing wrong.


This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.