Walmart, Target and Home Depot set to give Wall Street a peek at the American consumer, one week after stocks’ all-time high
Walmart, Target and Home Depot set to give Wall Street a peek at the American consumer, one week after stocks’ all-time high
Futures are mixed ahead of a big week for major retailers as new questions emerge about the state of the U.S. consumer, a major engine powering the American economy.
The S&P 500 edged 0.1% higher, while Dow Jones Industrial Average futures slipped 0.2%. Nasdaq futures gained 0.5%.
U.S. stocks hit an all-time high last week despite some recent downbeat data about jobs and, most notably last week, retail spending.
Americans unexpectedly pulled back on retail spending in July by the biggest amount in more than a year, according to the Commerce Department data released Friday
Walmart and Target both post second quarter earnings this week,........
