
Next week, key retail earnings from Walmart, Target, and Home Depot will provide insights into the health of the U.S. consumer amid high borrowing costs and a slow housing market. Home Depot's report will highlight home improvement demand, Target's will reveal discretionary spending trends, and Walmart's results will show consumer spending and tariff impacts. Additionally, Federal Reserve minutes and global PMI reports will offer economic context. These earnings and data points are crucial for understanding consumer behavior and economic outlook in a quiet economic data period.