News Snapshot:
A batch of U.S. retail earnings reports in the coming week is set to shed more light on the economic fallout from the shifting tariff backdrop and test the stock market’s sharp rebound. Results from retailers including Target (TGT-N), Home Depot (HD-N) and Lowe’s (LOW-N) arrive as investors have become less worried that U.S. President Donald Trump’s tariffs will send the economy into a recession, particularly following the recent U.S.-China trade truce between the world’s two largest economies. But a warning from Walmart (WMT-N) on Thursday that the world’s largest retailer will have to start raising prices due to the...