Inflation data and Federal Reserve Chair Jerome Powell's comments will be watched this week as investors also prepare for another slate of corporate earnings reports.

Powell is scheduled to testify before Congress this week, where the Federal Reserve chair will likely focus on interest rates and the current economic environment. On Wednesday, market watchers will get their first look at January inflation with the scheduled release of the 澳洲幸运5官方开奖结果体彩网:Consumer Price Index (CPI), while wholesale, import, and export pricing data is also expected this wee🍷k. U.S. retail sales data is scheduled for release o༒n Friday.

Scheduled earnings releases from McDonald’s (MCD), Coca-Cola (KO), and Shopify (SHOP) will provide insight into the health of American consumer sentiment, while investors also expect updates from tech firms Cisco Systems (CSCO) and Applied Materials (AMAT). Drugmakers Moderna (MRNA) and Vertex Pharmaceuticals (VRTX) are scheduled to report during the week, while investment app Robinhood (HOOD) and cryptocurrency exchange Coinbase (COIN) are also on the corporate earnings calendar.

Monday, Feb. 10

• McDonald’s, Vertex Pharmaceuticals, and Onsemi (ON) are scheduled to report earnings

Tuesday, Feb. 11

• NFIB small business optimism (January)
• Fed Chair Jerome Powell scheduled to testify to the Senate Banking Committee
• New York Fed President John Williams and Cleveland Fed President Beth Hammack are scheduled to deliver remarks
• Coca-Cola, Shopify, Gilead Sciences (GILD), Marriott International (MAR), Welltower (WELL), and DoorDash (DASH) are scheduled to report earnings

Wednesday, Feb. 12

• Consumer Price Index (January)
• Monthly U.S. federal budget (January)
• Fed Chair Powell scheduled to testify to the House Financial Services Committee
• Atlanta Fed President Raphael Bostic scheduled to deliver remarks
• Cisco, Applovin (APP), Equinix (EQIX), CME Group (CME), CVS Health (CVS), and Robinhood are scheduled to report earnings

Thursday, Feb. 13

• Initial jobless claims (Week ending Feb. 8)
• Producer Price Index (January)
• Applied Materials, Unilever (UL), Sony (SONY,) Brookfield (BN), Moody’s (MCO), Airbnb (ABNB), Honda Motor (HMC), Motorola (MSI), and Coinbase are scheduled to report earnings

Friday, Feb. 14

• U.S. retail sales (January)
• Import/export price indexes (January)
• Industrial production and capacity utilization (January)
• Business inventories (December)
• Enbridge (ENB) and Moderna are scheduled to report earnings

Inflation Data, Powell Testimony in Market Watchers' Spotlight

Fresh inflation data and comments from t🌊op Fed officials lead this week’s schedule of economic updates.

Wednesday’s scheduled release of CPI for January comes as 澳洲幸运5官方开奖结果体彩网:p🍨rice pressures have pointed higher in recent months, heightening inflation worries among Fed officials. Market watchers a💟re also expected to get updated inflation readings for wholesale trade, along with import and export pricing data.

Fed Chair Powell is expected to deliver his regularly scheduled testimony to Congress on Tuesday and Wednesday. His remarks come after the 澳ᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚ洲幸运5官方开奖结果体彩网꧙:Fed held interest rates steady in January after cutting rates in the prior three meetings as the 澳洲幸运5官方开奖结果体彩网:central bank pointed to a strong job market and concerns over rising inflation. New York Fed President John Williams and Atlanta Feﷺd President Raphael Bostic are also sched😼uled to speak during the week.

Friday’s scheduled release of January U.S. retail sales data will show whether consumers will 澳洲幸运5官方开奖结果体彩网:exceed spending expectations after December’s increase came in lower than expect🃏ed. 

Corporate Earnings Schedule Includes McDonald🔯’s, Moderna, Cisco, Coinbase

Te🔜ch, finance, pharmaceutical, and consumer companies highlight♋ this week’s corporate earnings calendar. 

McDonald’s report scheduled for Monday will show whether the fast-food chain is still 澳洲幸运5官方开奖结果体彩网:struggling with traffic as inflation has pushed some consumers away, prompting the Happy Meal seller to announce 澳洲幸运5官方开奖结果体彩网:new value offerings for 2025.

Coca-Cola’s expected report on Tuesday comes as the drinks maker's 澳洲幸运5官方开奖结果体彩网:unit case volumes decreased in the prior quarter as 澳洲幸运5官方开奖结果体彩网:Chief Executive Officer (CEO) James Quincey warned about “near-term challenges” for the company.꧟

Shopify’s expected report follows 澳洲幸运5官方开奖结果体彩网:better-than-e๊xpectedꦜ third-quarter results on strong sales for the e-commerce services provider.  DoorDash’s scheduled report comes after the delivery service recently announced a 澳洲幸运5官方开奖结果体彩网:partnership with Home Depot. 

Cisco’s report scheduled for Wednesday comes as the tech equipment maker 澳洲幸运5官方开奖结果体彩网:raised its full-year forecast despite reporting declining revenue. The following day, semiconductor equipment maker Applied Materials is expected to release quarterly earnings amid 澳洲幸运5官方开奖结果体彩网:slowing sales in China. 

Applovin’s scheduled report comes after the advertising software maker posted a 40% jump in quarterly revenue on increased demand for its aꦐrtificia🧸l intelligence (AI)-powered tools. 

Investment trading app Robinhood’s expected earnings come after 澳洲幸运5官方开奖结果体彩网:Morgan Stanley upgraded its rating and raised the stock’s price target in November. Investors are also watching the expected Thursday report from crypto exchange Coinbase.