Markets rose modestly ahead of key earnings and economic reports that could sway Fed policy expectations this week.
The Nasdaq Composite climbed 0.6% Tuesday as traders positioned for Nvidia’s quarterly results and Wednesday’s inflation data. The S&P 500 also advanced, reflecting cautious optimism amid a packed economic calendar.
Wall Street had closed mixed Monday, with the Nasdaq lagging as bond yields ticked higher. Analysts warn that recent market calm may precede volatility, particularly if inflation figures surprise or Nvidia’s earnings disappoint.
Investors are closely monitoring these events for clues on the Federal Reserve’s next moves, with rate-cut expectations already shifting in recent weeks.