Retail Stock Rebounds Before Earnings Report

Clothing retailer Gap Inc (NYSE:GPS) will step into the earnings confessional after the close today. Wall Street expects the company's first-quarter results to reveal insights into how American consumers are spending going into the summer season.Ahead of the event, Gap stock was last seen 3.4% higher to trade at $22.36. The shares recently fell from a more than two-year high of $28.59, but just bounced back above recent resistance at their 40-day moving average. Longer term, GPS sports a 178.1% year-over-ye ...