Walmart, Target, Home Depot in Focus as Fed Minutes Loom
This week's market watchlist includes major retailers Walmart and Target, along with Home Depot, which are set to release their quarterly earnings reports. The Federal Reserve will also release its minutes from the latest FOMC meeting, providing insight into the central bank's monetary policy decisions.
The retail sector is expected to be a key focus area, with Walmart and Target releasing their quarterly earnings reports on the same day. Both companies are expected to report strong sales growth, driven by e-commerce demand and ongoing supply chain disruptions.
Home Depot will also release its quarterly earnings report this week, which is likely to be closely watched given the company's significant presence in the housing market.