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The Economic Times
The Economic Times
Anupam Nagar

US Stock Market: AI boom and consumer spending trends take center stage as earnings season nears key test

Wall Street heads into a crucial week with investors closely watching two themes that have largely driven market sentiment this year, the artificial intelligence rally and the resilience of consumer spending amid persistent inflationary pressures.

According to a Reuters report, upcoming earnings from semiconductor heavyweight Nvidia and major U.S. retailers, including Walmart, Home Depot, Target and TJX Companies, are expected to offer fresh insight into the health of both corporate America and the broader economy.

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