"Reality Check: CNBC's Daily Open"

The US consumer price index report and the release of the February Federal Open Market Committee meeting minutes will help determine the Federal Reserve's path ahead. Microsoft has invested $13 billion to partner with OpenAI, integrating the startup's technology into its various products. A delegation of lawmakers met with industry leaders after returning from a business forum in China, potentially leading to more tension between the US and China. The S&P 500 fell 0.1% in a shortened trading week, with several questions remaining front and center, including when the Fed's hiking cycle will draw to a close and the potential for more banking turmoil. The US earnings season is expected to be grim, with financial stability needing to factor into the Fed's policy calculus.