While jobs data is prevalent in coming days, earnings from chip giant Broadcom on Wednesday keep tech in focus, too. Nonfarm payrolls loom Friday, and Nvidia's Huang speaks today.

Crude oil futures (/CL) ended the month of May in the red as hopes for a diplomatic solution to the U.S./Iran conflict are taking center stage over tightening oil supplies.

Stocks started mildly up, propelled by falling crude and enthusiasm over earnings from Dell that sent shares up 30%. Major indexes are on track for weekly gains amid peace hopes.

All the majors hit fresh all-time highs this week as Iran peace hope, a 10% drop in oil prices and falling Treasury yields provided a bullish backdrop. Strong earnings reports from Dell, Marvell, and Snowflake also provided a sentiment boost.

Our outlook on the 11 S&P 500 equity sectors.

RSM Chief Economist Joe Brusuelas joins the show to discuss how a "split-screen" economy is being driven by inequality and asset concentration—and more.

Today's April PCE report could indicate if energy prices are affecting core inflation. Additionally, several big firms report, including Dell, with a second GDP estimate also due.

After stocks hit record highs Tuesday, Fed speakers and tech earnings are in focus today, while key inflation and GDP data are on the menu later this week.

Kevin Warsh is officially the 17th Federal Reserve chair, senators punt immigration enforcement bill debate to early June, and SEC Commissioner Hester Peirce announces retirement.