economy
Here are the 2 big things we're watching in the stock market in the week ahead
The housing industry and consumer spending take center stage across earnings reports and economic releases.
TL;DR
- Key earnings reports this week focus on the housing market (Home Depot, Lowe's, Toll Brothers) and consumer spending (TJX Companies, Walmart, Ross Stores).
- Macroeconomic data includes housing starts and pending home sales, with existing trends of low supply and high interest rates expected to continue.
- Home Depot's earnings will be closely watched for management's commentary on operating conditions and potential impacts of the CEO's leave of absence.
- Retailer earnings are expected to provide a solid understanding of consumer dynamics and potential shifts in behavior across different income groups.
- The article provides a schedule of upcoming economic reports and company earnings for the week of August 17th.