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What to Expect in Markets This Week: Earnings from Walmart, Target and Home Depot
Target is one of several large retailers slated to report this week.Credit: Kevin Van Paassen / Bloomberg via Getty ImagesNow that inflation has cooled a bit, are shoppers still clipping coupons and leaving gas stations with half-filled tanks? Investors will get a read on how Americans are spending when major retailers—including Walmart, Target and Home Depot—hand in quarterly results this week. Consumer sentiment declined over the last month despite inflation dipping for a second month in a row, according to the University of Michigan’s surveys of consumers. Hiring has stagnated, wages…
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