World Week Ahead: Eyes on Macy’s, Kohl’s

Sun, 06 Aug 2017

By Margreet Dietz Aug. 7 (BusinessDesk) - The latest corporate earnings including from US retailers Macy’s and Kohl’s and reports on inflation will draw attention this week. Last week, the Dow Jones Industrial Average rose 1.2 percent, with the index closing at a record high for the eighth consecutive session on Friday, while the Standard & Poor’s 500 Index added 0.2 percent. And sentiment remains upbeat. "We would expect [this] week to see market highs again just based on the positive tone created by strong second-quarter earnings...

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