Market Focus Shifts to Walmart Earnings and Inflation Data in Shortened Trading Week
Investors face a compressed trading schedule with markets closed Monday for Presidents Day. Attention turns to Walmart's quarterly earnings Thursday—the first report under new CEO John Furner—after the retail giant recently surpassed $1 trillion in market capitalization.
Delayed economic data from December takes center stage later in the week. Friday's PCE inflation report and Q4 GDP figures will provide critical insights into the Federal Reserve's rate path. January's surprisingly strong jobs data (130,000 additions vs. 65,000 estimate) and cooler-than-expected CPI readings suggest the Fed may maintain current rates through mid-2026.
AI disruption fears continue rattling sectors from software to logistics. Recent selloffs reflect growing concerns about technology's transformative impact on traditional business models.