In the House, the bipartisan "energy working group" -- formed by Rep. John Peterson, R-Pennsylvania, and Rep. Neil Abercrombie, D-Hawaii -- includes 23 members, roughly split evenly between the two parties.

CNN: Lawmakers seek oil-drilling compromise

Notable retailers that lagged expectations by a wide margin include Target and teen-focused retailers like Abercrombie, Aeropostale and Hot Topic.

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Abercrombie is due to report second-quarter earnings Aug. 17, and RBC expects 30 cents per share driven by the 9% increase in same-store sales for the period the retailer reported Aug. 4.

FORBES: RBC Eyes Retail Earnings From Abercrombie, Urban Outfitters