US STOCKS-Wall street set for muted open, retail earnings mixed

A report late on Monday said White House officials are discussing the possibility of a temporary payroll tax cut in an effort to boost the economy. “Today just looks like a digestion day of recent gains and there is not a lot of news that would swing the market wildly in either direction,” said Aaron Clark, portfolio manager at GW&K Investment Management in Boston, Massachusetts. Home Depot Inc cut its full-year sales forecast, citing the potential impact of the trade war on consumer spending, although its shares rose 2.6% as the company beat expectations for profit.

source https://finance.yahoo.com/news/us-stocks-wall-street-set-131758468.html?.tsrc=rss

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