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Wall St Week Ahead: Retailers set to give tariff view as US stock market roars back

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, Home Depot and Lowe's 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 on Thursday that the world's largest retailer will have to start raising prices due to the high tariffs is putting other retailers in the spotlight, as investors watch how they are reacting to a trade backdrop that remains in flux.

Analysis-US stock market gains may slow after torrid rebound from tariff swoon

NEW YORK (Reuters) -Market momentum following the U.S.-China trade truce has put stocks back in sight of record highs but wariness about the economic fallout from remaining tariffs and higher equity valuations could slow gains in the near term. The S&P 500 has soared 18% since hitting its low closing point for the year on April 8, erasing the benchmark index's losses for 2025 and putting it roughly 4% from its all-time peak reached in February. However, the S&P 500's price-to-earnings ratio has hit a two-month high while 2025 profit growth estimates have fallen since the start of the year.