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US stocks trending lower hours before Wall Street opening bell
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U.S. equity futures were trending lower ahead of the release of earnings reports from the country's largest retailers beginning Monday.
Stocks in this Article
The week ahead will see a flurry of reports from the retail industry, including from Walmart, Home Depot, Lowe’s, Macy’s, Target, and TJX Brands. The companies reporting their January-March results next week also include three Dow members: Walmart and Home Depot on Tuesday, and Cisco Systems on Wednesday.
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Wall Street’s benchmark S&P 500 index rose Friday but ended the week down 1.4%.
Wall Street’s gain Friday was led by tech stocks. Retailers, banks and industrial stocks also rose.
The S&P 500 rose 1.5% to 4,173.85. The Dow Jones Industrial Average added 1.1% to 34,382.13, ending down 1.1% for the week. The Nasdaq advanced 2.3% to 13,429.98 for a weekly loss of 2.3%.