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Tuesday, July 18, 2023

Tuesday Watch List

A report on U.S. retail sales in June is set for 7:30 a.m. CDT Tuesday, followed by U.S. industrial production at 8:15 a.m. USDA's Livestock, Dairy and Poultry outlook is due out at 2 p.m. Traders will keep a close watch on the latest weather forecasts.

Weather

Remnants of a storm complex from western South Dakota Monday night will continue across eastern Nebraska and Missouri Tuesday morning. By Tuesday afternoon, storms will expand into the Tennessee Valley and Ohio Valley. More scattered storms will also form across the eastern Dakotas, Minnesota, and northern Iowa by Tuesday evening. The strongest storms are expected across Missouri, southern Illinois, eastern Kentucky and Tennessee, as well as eastern North Dakota. Damaging winds and isolated, large hail will be the main threats with thunderstorms Tuesday.