US Stocks suffered their worst sell-off since October last week as investors took some risk off the table.

This week investors will be watching another busy week of earnings with 99 S&P companies set to report. Alphabet, Amazon, Alibaba, Snap, Exxon, Biogen, Pfizer and Chipotle are among the names set to report this coming week. Thursday is the busiest day of the earnings season.

According to the National Association of Realtors the index of pending home sales dropped 0.3% in December, marking the fourth consecutive month of declines. The index measures real-estate transactions in which a contract is signed, but the sale had not yet closed. Compared to 2019, pending sales were still up 21%, a sign of how strong the market is right now despite the recent weakness. Pending sales didn’t fall across all regions, as was the case in November. In fact, the Midwest was the only region to experience a decline, with a 3.6% drop. Pending sales were flat in the West and rose by 3.1% in the Northeast and 0.1% in the South.

Futures contracts for silver surged higher as the Reddit-fueled boom in highly shorted stocks appears to be spilling over into the metals market. Silver Futures are up over 8%, marking the biggest move in Silver futures since at least 2013.