Wall Street Gears Up for High-Stakes Week Packed with Fed Speeches, Economic Data, and Earnings
Markets face a convergence of critical events this week as Federal Reserve officials deliver five speeches amid a flurry of economic releases. The S&P Global Services PMI and ISM Non-Manufacturing PMI will gauge whether US service sector momentum persists, while Treasury's 10-year note auction tests long-duration demand. Weekly jobless claims cap the macro calendar on Thursday.
Meanwhile, 120 S&P 500 companies report earnings, with Pfizer, AMD, and Disney taking center stage. This follows last week's tech megacap disclosures from Microsoft and Apple. With 82% of reporting firms exceeding expectations so far, the earnings season continues to defy bearish predictions.