Hints and tips:
...US department stores are expected to report shrinking revenues and profits for the second quarter....
...Struggling department store operator Macy’s was the day’s biggest decliner on the S&P 500, dropping 2 per cent to $30.32 following news that one-time suitor Hudson’s Bay now has its eyes on upmarket retailer...
...The S&P 500 gained 0.1 per cent to 2,039.33, while the Dow Jones Industrial Average advanced 0.2 per cent to 17,652.79. The Nasdaq Composite climbed 0.1 per cent to 4,680.14....
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