Oil's overnight climb to one-month highs raised fresh inflation concerns and sent stocks down early. Chips led losses after gaining 5% Tuesday. Alphabet and Tesla report later.
Mega-caps Alphabet and Tesla report this afternoon. Chips rallied into Alphabet's results, possibly on hopes for big spending plans. But climbing yields and oil present headwinds.
After a Monday that saw the S&P 500 Index descend on rising oil and yields despite chip market strength, investors await General Motors, 3M, and Northrop Grumman.
Kevin Warsh backs the Fed's 2% inflation goal, the SEC proposes e-delivery, Congress considers a stock-trading ban and bill to avert a shutdown, and a BLS nominee advances.
The chip market starts the week licking its wounds after a swift descent over the last few days. Earnings from Alphabet and Intel in a few days are the next major keystones.
Schwab's Kevin Gordon discusses the Leading Economic Index® and its role in signaling the current phase of the economic cycle in his latest look at the Week Ahead.
Find Market Commentary content
Today's Options Market Update
Alphabet, Tesla Earnings Awaited After Close
When to Consider Out-of-State Munis
Looking to the Futures
What's in the Fed's Toolbox?
Industrial Earnings Next as Crude, Yields Weigh
Washington: What to Watch Now
Chips on Edge: Mega-Caps Awaited After Rough Week
The Leading Economic Index & GDP Gap | Week Ahead