NEW YORK: US stocks could extend this week’s retreat after a four-week advance as the earnings season winds down and investors search for signs that consumer spending will help sustain an economic recovery.
Fewer than 50 Standard & Poor’s 500 companies remain to report quarterly financial results, including the two major home improvement retailers, Lowe’s Companies and Home Depot Inc. Clothing retailer Gap Inc and discount chain store Target are also on tap.
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