Levi Strauss is scheduled to report its earnings after the market closes on Wednesday, with its shares having risen 25% over the last three months, although they are down 3.6% from their peak on July 1. This earnings report could influence investor sentiment and stock performance moving forward.
Meanwhile, South Korean chipmaker SK Hynix is approaching its U.S. listing on Friday, which is noteworthy given its 25% weighting in the iShares MSCI South Korea ETF (EWY), a fund that has experienced an 18% drop from its June 18 high but is still up nearly 160% year-over-year.
In the used auto market, CarMax shares have fallen 27% from last July's high, while Carvana is down 30% from its January peak. Costco's monthly sales figures are also anticipated, with its shares down 2.5% in the past month and 13% from their May high.
In sector performance, the Energy S&P Sector has risen 2.8% in two days, making it the top performer this week, while airlines have struggled, declining 3.7% in the same period. Lastly, Meta Platforms has seen a 9% increase in July, although it remains down 6.7% year-to-date