Meanwhile, investors await earnings from companies like Applied Materials Inc.(NASDAQ: AMAT) Canadian Solar Inc.(NASDAQ: CSIQ) and Ross Stores Inc.(NASDAQ: ROST) will report their most recent quarterly earnings after the market closes on Thursday. Michelle Gass, Kohl’s CEO stated in his letter to shareholders, “Second quarter results were impacted by a weakening macro environment, high inflation, and dampened consumer spending, which especially pressured our middle-income customers. We have adjusted our plans, implementing actions to reduce inventory and lower expenses to account for a softer demand outlook.