From Reuters.com
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: Thursday
Sales results will pour in from a wide range of chain retailers, while investors who bought media shares on hopes for an ad comeback will look to CBS for guidance.
*Chain stores ranging from J.C. Penney to Target to Gap report their October monthly sales results.
