Monday's Market Minute: A Busy Week Ahead On Wall Street

Looks like another week with the focus primarily on earnings and economic data. This week we have roughly three dozen S&P 500 companies reporting, so let’s begin there. At the top of the list of names before the bell today is Tyson TSN, with Palantir PLTR, Lucid Motors LCID, and Chegg CHGG on the close. Tomorrow we have UPS Inc. UPS, Eli Lilly LLY, AMC Inc. AMC, Twilio TWLO, Rivian RIVN, and Cronos CRON. Into the second half of the week, the focus will be on Disney (DIS), Wynn Resorts (WYNN), Wendy’s WEN, Alibaba BABA, Yeti Inc. YETI, and Ralph Lauren RL.

In terms of data, this week most of the attention will be on the inflation figures: Thursday, we have the Consumer Price Index (CPI), and Friday, the Producer Price Index (PPI) is due out. But between now and then, keep an eye on the NFIB Small Business Optimism Index tomorrow and the EIA inventories Wednesday after the large draw last week. Thursday, in addition to the inflation figures we have weekly Jobless Claims, and Friday we have Consumer Sentiment.

Lastly, keep an eye on rates. Yields are still at elevated levels following the Fitch downgrade and ahead of over $100B in U.S. debt set get auctioned off this week. The question is, at what point do higher rates become a headwind for stocks – if not already?

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