Earnings season is coming to a close, but Home Depot and Wal-Mart still have to tell all
Earnings season is winding down, but there are still some prominent reports left to consider. Most notably, blue chips Home Depot (HD) and Wal-Mart Stores (WMT) will unveil their quarterly numbers on Tuesday, with a handful of retailer reports scattered throughout the week. Outside of earnings, all eyes will be on the Fed, with a slew of speeches on tap, as well as the Federal Open Market Committee's (FOMC) October meeting minutes.
Below is a brief list of some key market events scheduled for the upcoming week. All earnings dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.
Monday, 11/16
The week begins with the Empire State manufacturing index. Urban Outfitters (URBN) and JD.com (JD) will get the earnings ball rolling.
Tuesday, 11/17
The economic data picks up on Tuesday, with the consumer price index (CPI), industrial production, National Association of Home Builders (NAHB) housing market index, and industrial production set for release. Fed Governor Jerome Powell will speak.
For earnings, HD, WMT, Dick's Sporting Goods (DKS), JA Solar (JASO), Jack in the Box (JACK), La-Z-Boy (LZB), and TJX Companies (TJX) will all report. Meanwhile, Electronic Arts (EA) is slated to release its highly anticipated Star Wars game.
Wednesday, 11/18
The
Federal Open Market Committee's (FOMC) October meeting minutes will be released on Wednesday, on top of weekly crude inventories and housing starts. Elsewhere, New York Fed President William Dudley, Atlanta Fed President Dennis Lockhart, and Cleveland Fed President Loretta Mester will speak.
Keurig Green Mountain (GMCR), L Brands (LB), Lowe's (LOW), NetApp (NTAP), salesforce.com (CRM), Staples (SPLS), and Target (TGT) will enter the earnings booth.
Thursday, 11/19
Weekly jobless claims, the Conference Board's index of leading indicators, and the Philadelphia Fed index come out on Thursday. Additionally, Atlanta Fed President Dennis Lockhart will take the stage again.
Stepping into the earnings spotlight will be Autodesk (ADSK), Best Buy (BBY), Buckle (BKE), Gap (GPS), Intuit (INTU), JinkoSolar Holding (JKS), J.M. Smucker (SJM), Perry Ellis (PRY), Ross Stores (ROST), Splunk (SPLK), Williams Sonoma (WSM), and Workday (WDAY).
Friday, 11/20
The only noteworthy economic event on Friday is a speech from St. Louis Fed President James Bullard. Companies presenting earnings include Abercrombie & Fitch (ANF), Foot Locker (FL), and Hibbett Sports (HIBB).