Target beats. The retailer reported a smaller-than-expected drop in quarterly comparable sales, as sales picked up in March after a slow start to the quarter.
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Snap faces IPO-related allegations. A former employee who claims Snap lied to investors ahead of its initial public offering has escalated his lawsuit against the company and is seeking protection under whistle-blower laws.
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Earnings reporting is light. American Eagle Outfitters is set to announce before the opening bell. Cisco and L Brands are scheduled after the market closes.
Oil inventories are on tap. The Energy Information Administration will release its latest weekly report on stockpiles at 10:30 a.m. ET. The American Petroleum Institute on Tuesday said stockpiles rose by 882,000 barrels, missing the expectation for a draw by 2.3 million.
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