What to Expect in Markets This Week: Walmart Earnings; Data on Inflation, Housing and Trade; Q4 GDP; and Presidents Day Holiday

Group 1 - Walmart is set to release its quarterly earnings report, the first under new CEO John Furner, after recently achieving a market capitalization of $1 trillion, making it the first big box store to reach that size [1] - In its last report, Walmart posted a 4.2% increase in comparable sales and raised its full-year sales forecast, indicating strong performance [1] - Other companies expected to report earnings this week include John Deere, Analog Devices, Palo Alto Networks, Carvana, and DoorDash, with John Deere facing lower-than-expected annual net income due to difficult market conditions [1][1] Group 2 - The PCE inflation report for December is scheduled for release, which is closely monitored by the Federal Reserve and could influence interest rate decisions [1] - The GDP report for Q4 will provide insights into economic growth, following a strong Q3 growth revision of 4.4% [1] - New home sales and housing starts data for November and December, along with pending home sales for January, will be released, offering indicators for the housing market [1]