Shares of Lowe's (LOW) are rising this morning after the home improvement retailer posted a strong, but mixed earnings report. Lowe's saw sales decline by less than previously expected. On the other hand, Macy's (M) stock falls despite sharing an overall earnings beat and reducing its inventories by 10 percent year-over-year. Yahoo Finance Live anchors Julie Hyman and Brad Smith detail what these retail earnings are indicating for consumers, comparing sales figures and credit card transactions amid cautious spending trends.
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