By Liz Moyer

Investing.com — Stocks rallied on Monday as investors tried to put last week’s decline in the rearview mirror.

Positive comments from JPMorgan Chase & Co (NYSE:) executives helped lift financials and the broader markets. However, retail earnings this week are available and could help stock markets return to Earth.

Retailers report a worse outlook as a result of higher freight costs and shrinking margins. Consumers are also becoming more picky about the items they purchase in response to increasing fuel costs.

Another smattering report is available this week, especially from department and discount stores. Investors will closely monitor the performance of the next set of retailers and hear their views on American household’s shifting spending habits since the pandemic.

Later this week comes spending and income data from the government as well as the index, which is the Federal Reserve’s preferred measure of inflation. 

These data are available as Americans get ready to travel for the holidays weekend. Nationally, gas prices averaged $4.59 per gallon as of Monday.

These are the three factors that will impact markets tomorrow.

1. Best Buy Earnings

Best Buy Co Inc (NYSE 🙂 is among the retailers this week. Expect earnings of $1.60 on $10.5 billion in revenue for this electronics retailer. 

2. Nordstrom outlook

Filiale of Department Stores Nordstrom Inc The stock exchange (NYSE: ) expects to post a 5 cent per share loss on $3.3 billion in revenue.

3. Toll Brothers These are the results

Toll Brothers Inc (NYSE) expects to post earnings of $1.50 per share for revenue of $2 million. Analysts will be listening for the home builder’s views on the sector amid record-high prices.