World Week Ahead: US retailers, retail sales

Sun, 07 May 2017

By Margreet Dietz May 8 (BusinessDesk) - With Wall Street at record highs, investors this week will scrutinise earnings from companies including Nordstrom as well as US economic data such as the latest retail sales. The outcome of France’s presidential elections might offer a boost to the euro. Last Friday, a Labor Department report showed that US employers added 211,000 jobs in April, more than economists expected, following a downwardly revised 79,000 gain in March. The unemployment rate declined to 4.4 percent, the lowest in alm...

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