Retail Earnings to Gauge US Consumer Health Amid Spending Pressures

Retail earnings are set to provide valuable insights into the health of U.S. consumer spending, which accounts for a significant portion of GDP.

With elevated borrowing costs and deteriorating sentiment, things are particularly on watch this time around.

The sector includes major players such as Walmart Inc. (WMT) and Target Corporation (TGT), among others, whose earnings will be closely scrutinized for any signs of weakness or resilience in consumer spending.