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- Unusual: Stocks have gone 41 days without thisThe S&P 500 is in the midst of its longest period without a decline of 1% since 2014. And now the U.S. stock market is within striking distance of all-time highs.
- Ralph Lauren to cut jobs by 8%Ralph Lauren plans to close 50 stores and cut 8% of work force. Restructuring will cost $400 million.
- Walmart investors are smiling once againWalmart's stock is surging this year while most retailers have struggled. Investors like the company's renewed focus on price and efforts to become a bigger player in digital and mobile shopping. But can Walmart take on Amazon and win?