"Key Earnings and Inflation Data to Watch This Week"

Investors are closely watching the Federal Reserve's preferred inflation gauge and other key economic data this week amid ongoing debates about potential interest rate cuts. The Nasdaq rose over 1% last week, while the S&P 500 remained flat and the Dow fell over 2%. Key corporate earnings reports from companies like Salesforce and Costco are also expected. The market's focus will be on the Personal Consumption Expenditures (PCE) index, GDP updates, and consumer confidence data, which will influence the Fed's rate decisions.