Today's light earnings and economic calendar may leave investors looking ahead to Thursday's critical inflation report—the next major test after the Fed's recent hawkish shift.

Early gains in chip stocks were a feature today amid positive signals from peace talks that pushed oil prices lower. The week ahead features PCE inflation data and Micron results.

Crude oil futures (/CL) prices fell on Thursday after the International Energy Agency (IEA) cut its oil demand outlook for the year.

The vibes are off. GDP growth and consumer sentiment aren't lining up, leading to an uptick in the so-called Misery Index. SCFR's Kevin Gordon looks at the week ahead.

Fed chair Warsh’s first meeting kept rates steady but struck a hawkish tone on inflation while signaling less transparency, driving market uncertainty.

The Fed kept rates steady as expected, but the central bank's quarterly projections now include the possibility of at least one hike later this year.

Equity indexes rebounded after the possibility of a Fed rate hike this year led to declines Wednesday. Intel is up on news of a new chip. A peace deal is expected Friday.

Stocks are on track for modestly weekly gains following yesterday's FOMC-induced sell-off, as lower oil prices and yield stabilization encourage dip buying.

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