Retailers Dominate Earnings Calendar as Spending Trends Come Under Scrutiny

Next week's earnings calendar is dominated by retail and consumer heavyweights, giving investors a close look at spending trends heading into the second half of the year. The Home Depot (HD) and Walmart (WMT) will report their quarterly results on August 16.

The earnings season for retailers has been marked by strong sales growth, with many companies exceeding expectations. Target (TGT), another retail giant, is expected to post a robust performance in its upcoming earnings release.

Other notable names set to report next week include Baidu (BABA) and NetEase (NTES), which will provide insights into the e-commerce and technology sectors.