US Stock Market Week Ahead: CPI, Bank Earnings and the Fed Converge in a 90-Minute Tuesday Test
Wall Street heads into Monday with the VIX, an options-based gauge of expected S&P 500 swings, at 15.03 — only about 12% above its 52-week low — even though Tuesday will pack five major-bank reports, June inflation and Federal Reserve Chair Kevin Warsh’s testimony into one morning. From the consumer price index at 8:30 a.m. ET to Warsh’s appearance at 10, investors get 90 minutes to reprice rates and earnings after the bank results land before the opening bell. U.S. cash equity markets were closed Sunday.