"Inflation Gauge and Stock Performance: The Week Ahead"

The stock market reached record highs last week, driven by Nvidia's strong earnings report, but faces a test with the upcoming release of the Federal Reserve's preferred inflation gauge, the PCE index. Quarterly reports from companies like Salesforce, Lowe's, Macy's, Okta, and Best Buy are also expected. Additionally, the market will focus on consumer confidence and updates on the manufacturing sector. Analysts are closely watching for signs of inflation and consumer spending trends, while debating whether the market has reached a peak.