The Week Ahead: Retail Earnings and Pending Home Sales.

Closing Bell

The Week Ahead: Retail Earnings and Pending Home Sales

Now let's turn to our segment next week on the street when we take a look at the events that are sure to move markets next week and we'll have a packed week of earnings again next week with some of the country's biggest retailers reporting their results. They include Costco Target, Lowe's and grocery giant Kroger. Now, investors will be watching for fourth quarter numbers from Target that report on Tuesday before the markets open. Target has been facing headwinds from shifting consumer behavior and increasing price competition. The retailer reported earnings misses for each of the last three quarters, which is taking its stock down every time it reported results, analysts are expecting another major decline in earnings on Tuesday. Other notable earnings include chipmaker, Broadcom department stores, Macy's and Kohl's and name stock darling, AMC Entertainment. We're also waiting some data from the struggling housing market next week on monday pun, ending home sales for the month of january are out, which afford which our afford looking indicator of a housing market activity. Those sales actually increased by 2.5% in december after six straight monthly declines. Realtors are hoping monday's data shows early signs of recovery for the struggling sector as sky high mortgage rates and elevated home prices forced many would be homebuyers to stay on the sidelines