Investors await Home Depot's (HD) earnings and the July consumer price index Tuesday. Home Depot is expected to report second-quarter earnings of $1.97 a share on sales of $26.48 billion. During the same quarter a year ago, the company posted earnings of $1.71 a share with revenue of $24.83 billion. Analysts will be watching the retailer's comparable-store sales, which rose 7.4% year over year in the first quarter. BHP Billiton (BHP) , Dick's Sporting Goods (DKS) , TJX Companies (TJX) and Urban Outfitters (URBN) also report earnings Tuesday.
On the economic calendar, the July consumer price index is released at 8:30 a.m., along with July housing starts. At 9:15 a.m., industrial production figures for July are released.
TheStreet's Scott Gamm reports from Wall Street.
Get an email alert each time I write an article for Real Money. Click the "+Follow" next to my byline to this article.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation.
If you have questions, please contact us here.
Email
Email sent
Thank you, your email to has been sent successfully.
