Macy's and Home Depot both report earnings tomorrow. The market is pricing in a near 10% move for Macy's. Home Depot moved to fresh record highs after its last earnings report. Both will be watched closely as a guage for the consumer.
Another Tuesday Trading Session in the books. While the media likes to give an exact reason why the S&P500 and DJIA hit record highs, I'm pretty sure stocks were going to head higher even if Yellen did not speak today.
Courtesy of CNBC.com:
Home Depot blasted to new lifetime highs today after reporting earnings that impressed investors. They also announced an $18 billion share repurchase program.