All eyes on Walmart, Target earnings — Reuters.com

Analysts await Walmart and Target earnings reports in hopes that they’ll provide insight into the current economic climate:

“After a turbulent holiday season last year, when inflation peaked, shoppers’ focus on buying essentials like bread, milk and toothpaste, left retailers with lots of unsold clothing and electronics, Wall Street is hoping recent economic data showing food disinflation and higher wages will spur shoppers to open their wallets this season.“

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