What may get stocks juiced for new highs this week

August 8, 2016 6:40 PM

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Wall Street is increasingly relying on the U.S. consumer — which accounts for roughly two-thirds of the nation’s economic activity — as a dearth of business spending is a drag on the economy.

That’s why this week’s release of data on June retail sales, a slew of earnings reports from U.S. retailers and the first look at August consumer confidence will be key to keeping alive a stock rally that saw the Standard & Poor’s 500 stock index and Nasdaq hit fresh records Friday after a strong j...

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