Earnings season begins this week

Earnings Season is also starting this week, with major firms, including Pepsi Bottling Group Inc, Alcoa Inc, and Family Dollar Stores reporting.

June retail sales out July 9

Many retailers are set to release their results for June on July 9, although there will be some notable holdouts, including some of the top 10 retailers. The Top 10 U.S. retailers by annual sales are Wal-Mart, Kroger, Costco, The Home Depot, Target, Walgreen, CVS Caremark, Lowe's, Sears Holdings Corp., and Best Buy, according to the National Retail Federation.

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