FOMC Minutes, Housing Data, Target, Walmart in Focus for the Trading Week Ahead

Key housing and manufacturing data and the FOMC minutes will keep interest rate hike speculation front and center, TheStreet's Jill Malandrino points out. Retail heavyweights wind down the second quarter earnings parade, including Home Depot (HD), Lowe's (LOW), Walmart (WMT), Target (TGT), TJ Maxx (TJX) and the Gap (GPS). In the tech space Hewlett-Packard (HPQ) reports as does Salesforce (CRM), a stock that has seen lots of action around buyout chatter. Finally, traders will look to the energy and gold trade if the commodities can break out of range-bound trade. Fundamentals have been stagnant and therefore establishing a direction has been challenging to do.

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