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Market Cautious Amid Earnings Week

Wall Street Journal Markets •
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Market sentiment remains cautious as stock futures slip this week. Investors await Nvidia's earnings report, the last of the Magnificent Seven tech giants to report. Major retailers including Walmart and Home Depot will also release results, while SpaceX reportedly plans to file its IPO prospectus—potentially one of the largest in history.

Economic calendar packed with key indicators this week. The Federal Reserve will release minutes from Jerome Powell's final meeting as chair on Tuesday. Philadelphia Fed president Anna Paulson speaks on technology and finance, while Fed governor Michael Barr discusses consumer financial health metrics. The UK will report inflation figures and the EIA publishes its weekly petroleum status report.

Additional market factors include potential supply chain disruptions from planned strikes at Samsung in South Korea beginning Thursday. The University of Michigan will release its final consumer sentiment reading for Friday. Meanwhile, Kevin Warsh prepares to be sworn in as the new Fed chair, signaling a potential shift in monetary policy direction.