20:00 GMT, TIC Long-Term Purchases, forecast 151.4B (prior 232.7B)
After the Close
Fabrinet (FN), est. $3.81 per share
Tuesday, August 18
Before the Open
Home Depot (HD), est. $4.73 per share. Revenue is expected at $47.2 billion, up 4.2% year over year, with EPS up 1%. Oppenheimer expects $4.66 per share and sees limited evidence of sustained home-improvement demand recovery, while management guidance and expectations for modest sales strengthening in the second half of 2026 could prove optimistic.
Amer Sports (AS), est. $0.11 per share
Baidu (BIDU), est. 9.35
Klarna Group (KLAR), est. -0.04
Economic Releases
12:15 GMT, ADP Weekly Employment Change, prior 8.3K
12:30 GMT, Building Permits, forecast 1.37M (prior 1.37M)
12:30 GMT, Housing Starts, forecast 1.35M (prior 1.43M)
12:30 GMT, Import Prices m/m, forecast 0.1% (prior 0.3%)
13:15 GMT, Capacity Utilization Rate, forecast 76.3% (prior 76.1%)
13:15 GMT, Industrial Production m/m, forecast 0.3% (prior 0.1%)
14:00 GMT, Pending Home Sales m/m, forecast 0.1% (prior -5.4%)
20:30 GMT, API Weekly Statistical Bulletin
After the Close
Jack Henry (JKHY), est. $1.46 per share
Keysight (KEYS), est. 2.48
La-Z-Boy (LZB), est. 0.49
Mercury (MRCY), est. 0.38
Toll Brothers (TOL), est. 2.93
ZTO Express (ZTO), est. 3.41
Wednesday, August 19
Before the Open
Analog Devices (ADI), est. $3.34 per share
Estee Lauder (EL), est. 0.32
Kingsoft Cloud (KC), est. -0.65
Lowe’s (LOW), est. 4.23
Target (TJT), est. 2.32
TJX (TJX), est. 1.19
Viking Holdings (VIK), est. 1.26
Economic Releases
14:30 GMT, Crude Oil Inventories, prior 17.4M
18:00 GMT, FOMC Meeting Minutes
After the Close
Bill.com (BILL), est. $0.71 per share
Coty (COTY), est. -0.01
Nordson (NDSN), est. 3.09
Webull (BULL), est. 0.05
Thursday, August 20
Before the Open
Walmart (WMT), est. 74 cents per share. Revenue is expected at $186.9 billion, up 6.3% year over year, with EPS up 8.8%. Jefferies anticipates an in-line quarter, citing resilience across macro environments, improving e-commerce margins and alternative revenue streams such as advertising. Potential tariff refunds could be reinvested into price, supporting traffic, share gains and same-store sales growth.
Advance Auto Parts (AAP), est. $0.81 per share
Alibaba Group Holding (BABA), est. 10.03
Autohome (ATHM), est. 1.89
Deere (DE), est. 4.69
Forgent Power Solutions (FPS), est. 0.24
NetEase (NTES), est. 15.56
ScanSource (SCSC), est. 1.14
Economic Releases
12:30 GMT, Philly Fed Manufacturing Index, forecast 24.3 (prior 41.4)
12:30 GMT, Unemployment Claims, forecast 210K (prior 209K)
14:00 GMT, CB Leading Index m/m, forecast 0.1% (prior -0.2%)
14:30 GMT, Natural Gas Storage, prior 36B
After the Close
Flowers Foods (FLO), est. $0.22 per share
OSI Systems (OSIS), est. 3.77
Ross Stores (ROST), est. 1.94
Friday, August 21
Before the Open
BJ’s Wholesale (BJ), est. $1.17 per share
Buckle (BKE), est. 0.81
Economic Releases
13:45 GMT, Flash Manufacturing PMI, forecast 54.0 (prior 53.9)
13:45 GMT, Flash Services PMI, forecast 53.9 (prior 54.6)
After the Close
No reports scheduled
Central Bank Activity
Wednesday, August 19
FOMC July Meeting Minutes, 18:00 GMT
Traders will monitor the minutes for details surrounding July’s split decision and indications of how many FOMC participants favored or would have supported a rate increase, as well as any discussion of thresholds for a September move.
Technical Outlook
Weekly Dow Jones Industrial Average Index
S&P 500: 7,785.76 (+0.36%), support at 7,313.92, 7,237.85, the 52-week SMA at 6,982.29, 6,316.91, resistance at 7,816.70.
All major indices remain above rising 52-week SMAs, confirming an intact long-term uptrend.
Outlook
Housing reports, industrial production, unemployment claims and flash PMIs headline the economic calendar, while the July FOMC meeting minutes provide the week’s central bank focus. Home Depot and Walmart lead the earnings calendar, offering updates on consumer spending and demand.
The major indices enter the week above rising 52-week SMAs, with the Nasdaq Composite and S&P 500 near resistance. Economic data supporting the current inflation and policy outlook, together with constructive corporate results, would support continuation of the current trend. Data that revive inflation concerns or weaker corporate guidance would place key support levels under pressure, leaving traders focused on the Fed minutes, incoming economic releases and earnings.
More Information in our Economic Calendar.
