There Are Several Major Focuses This Week

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Our View

There are no scheduled economic reports or Fed speak today. Now that the jobs report is out of the way, the focus will be on NVDA today, which just went through with its 10-for-1 stock split. 

The rest of the week there are 9 economic releases and the Fed's two-day meeting. It's not the quantity of the economic reports this week, but the importance of three key data points: CPI and Powell's press conference on Wednesday at 2:30, and PPI on Thursday. 

I don't think there is a lot to say that we don't already know. Today should be slower, but things should pick up Tuesday.