Home Depot reports quarterly earnings. The top home improvement chain has been banking on a slow-but-steady growth strategy and cost cuts to fight lackluster demand for big-ticket remodeling projects.

Other highlights:

*  Brian Moynihan, on the short-list of CEO candidates at Bank of America, is expected to testify at a House Oversight Committee hearing.

*  Target has reported eight consecutive declines in quarterly profit but it may break that streak with its third quarter results.

*  Producer prices are expected to have risen 0.5 percent in October after an unexpected 0.6 percent in September, which was largely driven by a 2.4 percent decline in energy prices. Economists expect industrial output data to show production inched up.

*  At the Reuters Finance Summit we speak with former Merrill Lynch CEO John Thain, HSBC North America CEO Brendan McDonagh, Nomura COO of Americas Takeo Sumino, and Hudson City Bancorp CEO Ronald Hermance.