Jun. 2 at 1:25 AM
Investors will focus on several high-profile corporate events Tuesday after the S&P 500 closed at another record high, led by continued strength in technology stocks. Goldman Sachs CEO David Solomon is scheduled to appear on CNBC during the Economic Club of New York event, drawing attention as Goldman shares reached a fresh all-time high and have outperformed the broader financial sector in recent weeks.
In technology, Palo Alto Networks and Cisco Systems will remain in focus. Palo Alto continues its strong rally, with shares doubling over the past three months, while Cisco hit a new high Monday after gaining more than 50% during the same period. CEOs Nikesh Arora and Chuck Robbins are both scheduled to appear on CNBC’s Mad Money Tuesday evening.
Retail earnings will also be closely watched. Ulta Beauty reports after the close as investors look for signs of stabilization following a sharp decline in the stock.
$GS $PANW $CSCO $ULTA $DG