For Aug. 17, 2015, here are your stock market futures, earnings reports, top stock market news, and stocks to watch...
Futures for the Dow Jones Industrial Average today forecast a 31-point decline as the markets prepare for an important week of earnings in the wake of China's recent devaluation of its currency. A number of large Chinese retail importers like Target Corp. (NYSE: TGT), Wal-Mart Stores Inc. (NYSE: WMT), and Home Depot Inc. (NYSE: HD) are set to report earnings this week.
On Friday, the Dow Jones Industrial Average was up 69 points as positive economic domestic data and strong retail earnings reports offset concerns about China's devaluation of its currency and placed growth directly in focus. On Friday, shares of J.C. Penney Co. Inc. (NYSE: JCP) and Nordstrom Inc. (NYSE: JWN) both gained more than 4% on stronger than expected earnings reports.
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