Quarterly earnings reports from department store operators including Macy's , luxury goods companies such as Michael Kors and entertainment company Disney will set the tone for Wall Street, with investors also eyeing U.S. retail sales data due on Friday. “The consumer, in our mind, is a lever that could cause equities to trend higher,” said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management in Minneapolis. Recent data has shown solid consumer spending, including higher-than-expected outlays in June as households bought more goods and services.
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Wall Street Week Ahead: Again at highs, stocks to take cues from consumer