Watch Boeing (BA) today. After the company offered a generous 38% wage increase over four years, markets will react to the U.S. West Coast factory worker's vote on Monday.
Beyond the worker strike, Boeing has serious quality control issues it must address.
In the auto sector, Ford Motor (F) may have a relief rally after scrutiny with NHTSA ended on Monday. The National Highway Traffic Safety Administration closed its probe involving a possible engine defect that caused power loss without warning. It closed the probe since the reported failure rate fell steadily since November 2021.
Marriott (MAR), a hotel chain, might underperform today. It cut its full-year profit forecast, blaming weak domestic travel in China. However, international and group demand offset weak Chinese markets.
In the retail sector, Dollar Tree (DLTR) may rally after its CEO, Rick Dreiling, stepped down. The move gives suffering shareholders hope that the company will fix the broken business.
The firm reaffirmed its Q3 forecast. It will review its strategic options. This includes potentially selling the firm.
In the EV sector, Watch Chinese automotive firms. The EU continues to review the effectiveness of its tariffs. The EU enforced the tariffs last week. Despite a tariff of up to 45.3%, Chinese EV stocks like Li Auto (LI) and BYD (BYDDF) are steady.
