Investors this week will be watching the quarterly earnings report from Nvidia (NVDA), now the world’s most valuable company. Walmart (WMT), Lowe’s (LOW) and Target (TGT) are among the other companies scheduled to issue quarterly financial upꦇdates this week. 

Remarks from Chicago Fed President Austan Goolsbee and Cleveland Fed President Beth Hammack could pro🌄vide insight into whether🔯 the Federal Reserve could change its rate cut schedule. 

Economists will be watching data from the housing market this week, including housing starts, existing home sales, and home builder confidence. Consumer sentiment for November is set for a Friday release, along with 澳洲幸运5官方开奖结果体彩网:Purchasing Managers' Index (PMI) surveys in thౠe manufacturing and services sector.

Monday, Nov. 18

• Homebuilder confidence index (November)
• Chicago Fed President Austan Goolsbee delivers remarks
• AECOM (ACM) reports earnings

Tuesday, Nov. 19

• Housing starts (October)
• Building permits (October)
• Walmart (WMT), Lowe’s (LOW), and XPeng (XPEV), report earnings

Wednesday, Nov. 20

• Nvidia, TJX Companies (TJX), Palo Alto Networks (PANW), Target Corporation, and Snowflake (SNOW) report earnings

Thursday, Nov. 21

• Initial jobless claims (Week ending Nov. 16)
• Leading economic indicators (October)
• Philadelphia Fed manufacturing survey (November)
• Existing home sales (October)
• Cleveland Fed President Beth Hammack delivers remarks
• Intuit (INTU), John Deere (DE), Copart (CPRT), Ross Stores (ROST), and Baidu (BIDU), report earnings

Friday, Nov. 22

• S&P global flash U.S. PMI (November)
• Consumer sentiment - final (November)

Investors Watch for Wednesday Nvidia Earnin𝓡gs, Reports from Wa🦩lmart, Target

Nvidia’s earnings report on Wednesday comes as the chipmaker recently 澳洲幸运5官方开奖结果体彩网:became the world’s💃 ꦗmost valuable company on increased demand for its artificial intelligence (AI) capable products. Analysts have been high on the chipmaker's stock, with Mizuho recently 澳洲幸运5官方开奖结果体彩网:raising its price tar🌠get for the company to a high point of $165, slightly above the analyst consensus near $160, according to Visible Alpha. Nvidia’s report is also its first since 澳洲幸运5官方开奖结果体彩网:joining the Dꦬow Jones Industrial Average.

Walmart’s report on Tuesday comes after the retail giant 澳洲幸运5官方开奖结果体彩网:lifted its full-year outlook on the back of better-than-expected quarterly earnings. While the big box chain reported a 43% drop in n💞et income in the prior quarter, its sales were higher at both Walmart stores and Sam’s Club outlets.

Lowe’s Tuesday report comes amid a sales slump on big-ticket items that led the home improvement retailer to 澳洲幸运5官方开奖结果体彩网:lower its full-year outlook. Target will report on Wednesday after it was able to disclose 澳洲幸运5官方开奖结果体彩网:an increase in quarterly revenue and raised its projections on yearly earnings. Discount retailers TJX Companies, the parent of TJ Maxx and Ross Stores will also report this week. Taken together, retail earnings could offer a detailed picture of consumer health heading into 澳洲幸运5官方开奖结果体彩网:the holiday season.

Tax preparation software maker Intuit will issue its financials on Thursday after it 澳洲幸运5官方开奖结果体彩网:posted a surprise loss in its prior earnings report. Tractor maker John Deere’s Thursday report will give investors a look at the agricultural and construction sectors. 澳洲幸运5官方开奖结果体彩网:Chinese💜 internet search engine Baidu will also report on Thursday. 

Another noteworthy report will come from Chinese 澳洲幸运5官方开奖结果体彩网:electric vehicle maker Xpeng, which competes with Tesla (TSLA) for sales in China. 

Housing Market Data, Fed Speak Hi♉ghlight Economi🌼c Calendar

Housing market data on tap this week will spotlight a sector of the economy that continues to 澳洲幸运5官方开奖结果体彩网:struggle with high mortgage rates. The homebuilder sentiment survey released on Monday will show if contractors are preparing for more building, while housing starts and building permits data on Tuesday will provide insight into the volume of construction projects. On Thursday🏅, October data on existing home sales will show whether transactions are moving up from a 14-year low. 

Comments from Chicago Fed President Austan Goolsbee on Monday and Cleveland Fed President Beth Hammack will provide some insight into 澳洲幸运5官方开奖结果体彩网:how the Federal Reserve views recent reports that showed 澳洲幸运5官方开奖结果体彩网:inflation ticking upward in Octobe💙r. 

The Friday consumer sentiment report will provide a first look at how the public is reacting to the election of Republican Donald Trump as president, with the 澳洲幸运5官方开奖♔结果体彩网:preliminary 🐻survey in early November concluding before the vote.