Retailers' Earnings and Fed Minutes to Influence Wall Street

Wall Street is expecting financial updates from major retailers this week, providing investors with crucial information on how businesses and consumers are handling high inflation.

Home Depot will report its latest results on Tuesday, followed by Target and Lowe's on Wednesday, and then Walmart on Thursday. These earnings reports will give investors a more detailed picture of the retail industry's performance under current economic conditions.

The Federal Reserve's most recent meeting minutes are also set to be released this week, offering further insight into the central bank's thinking on inflation and interest rates.