Stocks started mildly up, propelled by falling crude and enthusiasm over earnings from Dell that sent shares up 30%. Major indexes are on track for weekly gains amid peace hopes.

All the majors hit fresh all-time highs this week as Iran peace hope, a 10% drop in oil prices and falling Treasury yields provided a bullish backdrop. Strong earnings reports from Dell, Marvell, and Snowflake also provided a sentiment boost.

Geopolitical developments remained the primary driver of oil futures, with market attention centered on the Persian Gulf region.

Today's April PCE report could indicate if energy prices are affecting core inflation. Additionally, several big firms report, including Dell, with a second GDP estimate also due.

After stocks hit record highs Tuesday, Fed speakers and tech earnings are in focus today, while key inflation and GDP data are on the menu later this week.

Key inflation, housing, and consumer confidence data headline the shortened week ahead as a strong earnings season winds down after lifting stocks to near record highs.

Stocks are shaky following Friday's sell-off in reaction to rising yields and oil. Treasuries might continue calling the shots in a week dominated by retail earnings and Nvidia.

Although municipal bonds pay interest that is generally exempt from federal and state income taxes, it's not always free from all taxes.

Stocks start 2026 on a four-day skid after another drop Wednesday amid little news. Trading could be light between the holiday and the weekend. No major data or earnings are due.