Home Depot, PPI Data: What to Watch on Wall Street November 18th

Tuesday, November 18th is Home Depot's (HD) turn on the earnings front, as the world's largest home improvement chain gets ready to report third-quarter results before the market opens. The retailer expects same-store sales to grow faster in the second half of the year as customers renovate homes with big-ticket purchases in a recovering U.S. housing market. Investors will be looking out for updates on security following the data breach back in September, as well as any changes to its full-year forecast. Also, look out for earnings from Medtronic (MDT), the world's largest stand-alone medical device maker and discount retailer TJX Companies (TJX). On the economic calendar, we look to the Labor Department for the monthly producer price index. We also watch for the home builders' index for November.