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Wall Street set to open lower; retail earnings in focus


By Tanya AgrawalREUTERS - U.S. stock indexes were set to open slightly lower on Tuesday as investors awaited results from big retail names to conclude a largely positive earnings season that helped power a recent record rally.The Dow edged up to its ninth record closing high in a row on Monday, the longest such streak since February."New record highs were registered last week as the flow of earnings continued positive with major corporations offering positive guidance going forward," said Peter Cardillo, chief market economist at First Standard Financial."Nevertheless, now that the winding ...

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First Published: Tue, August 08 2017. 18:35 IST