Trade tensions, tech earnings, and inflation data will dominate markets this week, setting up one of the most consequential stretches of the fall for investors and policymakers alike.
President Donald Trump is scheduled to meet with Chinese President Xi Jinping, a high-stakes encounter that could shape the next chapter of global trade policy. Meanwhile, Friday’s release of the Consumer Price Index (CPI) for September — delayed by the ongoing government shutdown — is expected to be the Federal Reserve’s final major data point before its next interest rate decision. Economists predict inflation cooling slightly, but any surprise could complicate the Fed’s recent tilt toward rate cuts amid a weakening job market.
Earnings season adds another layer of intrigue. Tesla reported following stronger deliveries as customers rushed to take advantage of expiring EV tax credits, while Intel’s report on Thursday will draw attention after a wave of partnerships — one with Nvidia and another with the U.S. government — fueled a sharp stock rally. Elsewhere, Netflix, Coca-Cola, and Procter & Gamble provide fresh insights into consumer spending.
On the macro front, housing and sentiment data could offer a glimpse into consumer health and the broader economy. Thursday’s existing home sales report from the National Association of Realtors is expected to show sluggish activity, while Friday’s readings on consumer sentiment and purchasing manager surveys will round out the week.
