Retail earnings and Fed minutes to test Wall Street

Retail earnings and Fed minutes to test Wall Street

Wall Street will get financial updates from major retailers this week, including Home Depot, Target, Lowes, and Walmart, offering insight into how businesses and consumers are handling inflation above 3%. The Fed will release minutes from its July meeting, where it held rates steady despite three dissents favoring hikes. Oil price surges from the U.S.-Iran war may further pressure spending.

Source: AP News

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