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This will be the first time that most major retailers report on consumer behavior since gasoline prices skyrocketed.
June S&P 500 E-Mini futures (ESM26) are down -0.41%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.30% this morning, pointing to a lower open on Wall Street as oil prices continue to rise amid the stalemate between the U.S. and Iran.
Ross Stores is poised to report its first-quarter results shortly, with analysts forecasting a low-double-digit year-over-year increase in earnings, reflecting steady momentum in profitability.
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