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Markets Wait for Retail Earnings | US News

Markets took a hit Monday as the big three indexes dipped amid investor anticipation for key retailer earnings—signals of consumer spending health after softer economic data. Oil prices surged despite stalled U.S.-Iran talks, adding energy sector volatility. Retail giants Home Depot and Walmart are next in line to report, fueling market suspense over summer spending trends. Tech showed mixed signals: chip stocks rose while software lagged, with Nvidia’s upcoming AI results looming large. Meanwhile, Latin American oil firm Vista gained traction after Peter Thiel’s major investment…

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