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AI enthusiasm fails to lift indexes as earnings draw focus

This week’s slate of earnings from retailers like Target and Walmart is expected to shape market direction.

Reported · Written up by our desk · Indices

AI enthusiasm did not translate into broad gains for US stock indexes, leaving the market without a lift even as investors looked to the technology theme.

The current focus is shifting toward an earnings-heavy week, with company results from retailers including Target and Walmart among the items on investors’ radar, according to WSJ Markets.

With multiple major reports due, traders are set to assess how corporate demand and margins are holding up as earnings season progresses, which may determine where indexes go next.

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