The day ahead: Tuesday


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.

The day ahead: Friday


Investors have bid up General Electric shares to almost triple their March lows but the largest U.S. conglomerate will have to deliver solid quarterly results for the stock to rise much further.

*  Bank of America may update investors on its search for a new CEO – or at least an “emergency” or “interim” replacement for Ken Lewis when it reports results. Mattel and Halliburton also report quarterly results.