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5 Things You Must Know Before the Market Opens Friday

Updated from 6:09 a.m.

Here are five things you must know for Friday, Aug. 12:

1. -- Retailers triumphed on Thursday as Kohl's (KSS) , Macy's (M) and Nordstrom (JWN) all reported strong earnings. These department stores -- Kohl's, Macy's and Nordstrom -- all saw their stocks perform very well on earnings beats. J.C. Penney (JCP) also beat earnings expectations Friday morning.

But each company faces challenges. Kohl's reduced its full-year outlook...


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