Earnings season heats up this week, but if things turn out as expected, this quarterly reporting season will be nothing short of ice-cold. With 10 components of the Dow Jones Industrial Average
Data
Consumer spending accounts for about two-thirds of GDP, and today investors receive a key consumer reading at 8:30 a.m. EDT: monthly retail sales. Economists expect a 0.2% rise from May. The expectations align with lackluster same-store sales numbers posted earlier this month, when average sales at a group of 20 companies grew 0.3%, according to a report from Retail Metrics.
Deals
In deal-related news, reports surfaced over the weekend that GlaxoSmithKline has reached an agreement with Human Genome Sciences
Yearning for some earnings
On the earnings front, investors will be looking to Citi
Outside the S&P, mortgage REIT Chimera Investment
Forget about earnings season
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