U.S. and Chinese leaders meet today to discuss trade and oil, but the dramatic rally in yields this week may overshadow the event. Costco reports later, and new home sales are due.

The Federal Reserve hiked rates, and we expect there are more to come. With a hawkish Fed and a resilient economy, long-term yields may stay elevated.

Stocks fell and yields rose early as oil climbed before another day of diplomatic efforts. Iran's president speaks tonight and Trump meets Xi tomorrow. Manufacturing data is due.

President Trump threatened Iran in a speech at the UN yesterday, and Iran's president follows today. Tomorrow Trump meets with Chinese leader Xi. All this puts oil center stage.

Natural gas price action has been largely muted for the past two months as supply and demand have remained steady.

Stocks rose Monday as AI shares surged after oil prices and Treasury yields retreated. Iran peace efforts and a Trump-Xi meeting are in focus this week amid a light earnings slate.

Highlights this week include a host of Fed speakers who might provide more insight into last week's rate hike. Trump meets with Xi on Thursday, putting trade in focus.

The number of people continuing to file for unemployment insurance has started to fall. Schwab's Kevin Gordon looks at what that labor market tightness may mean in the Week Ahead.

Stocks are on track for weekly losses following a relatively hawkish FOMC meeting, higher yields and ongoing attacks in the Middle East which are keeping oil prices elevated.