Walmart, other retailers, as bellwethers — Wall Street Journal

Analysts are treating earnings announcements from Walmart, other major retailers, as bellwethers of the economy:

Investors will turn their attention to earnings from retail giants this week. Walmart is slated to report fiscal third-quarter results on Tuesday. The retailing giant’s shares are down 1.5% so far this year, significantly outperforming the S&P 500.

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