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Feb. 25, 9 a.m. EST - The housing downturn is hammering home improvement chains. Lowe's (LOW) is expected to post smaller fourth-quarter earnings. On Feb. 26, Home Depot (HD) is likely to say it had a rough final quarter in 2007.

Feb. 25, 10 a.m. EST - Starting with a probable slip in January existing home sales, a series of reports is likely to show that housing hasn't hit bottom. Updates from two home-price indexes are out on Feb. 26, and new-home sales data are due Feb. 27.