Yahoo Finance Walmart earnings, CPI, housing data: What to Watch Next Week
Market Domination Overtime Hosts Josh Lipton and Julie Hyman preview the biggest headlines and events for investors next week, including earnings out from major retailers Walmart (WMT) and Home Depot (HD), April's Consumer Price Index (CPI) inflation print, and the latest round of US housing data.
For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.
This post was written by Luke Carberry Mogan.
Video transcript
The consumer will be in focus between earnings and economic data on the corporate front earnings season for big retailers gets underway.
Some of the key names to watch include Home Depot, Walmart and raw stores, Wal Mart.
The world's largest retailer is set to report Thursday ahead of the opening bell.
Investors will be looking for insight into consumer spending patterns and the company's spending plans.
After announcing member plans to acquire bus in an effort to build up its a business and as for economic data, it's pretty busy week.
The data for investors and economists will be watching most closely the consumer price index that's out ahead of the open on Wednesday.
It is the first look at inflation since the fed decision last week.
The expectation is for core CP I to rise 3/10 of a percent in April from the prior month and on a year over year basis is excluding food and energy expected to rise 3.6%.
Other data includes retail sales and the producer price index.
Housing will be another focus as we get readings on home builder confidence and housing starts and building permits that will do it for today's market domination over time.
Be sure to come back Monday at 3 p.m. Eastern for all your coverage leading up to and after the closing bell, stay tuned.
We've got more young finance on the other side.
