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Week Ahead: Media Giants, Retailers Have Chance to Shine

The earnings season hits the final stretch in the coming week as quarterly reports from media giants and retailers continue to filter in.

Roughly four-fifths of S&P 500 companies have reported earnings so far, and while the quarter hasn't been an overall success, the majority of companies have exceeded lowered estimates.

"The results weren't great but they weren't as bad as what was originally expected," said Robert Pavlik, chief market strategist at Boston Private Wealth.