WHAT HAPPENED
Home Depot reports its latest results on Tuesday, followed by Target and Lowes on Wednesday, and then Walmart on Thursday. The results will help give investors a more detailed picture of how businesses and consumers are handling stubbornly high inflation. Higher prices on everything from gasoline to groceries and any goods that are shipped could prompt people to shift or cut spending. Results from Home Depot and Lowes could provide more insight into the housing market and whether people are spending more or less on home improvements. Results and forecasts from retail giants Target and Walmart could provide more insight into how households are budgeting and spending.
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