Markets face a defining week dominated by Nvidia's (NVDA) Wednesday earnings, an event that could determine the trajectory of AI infrastructure investment narratives and broader technology sector leadership heading into year-end. The AI chip leader's results and forward guidance will be scrutinized for evidence that massive data center spending can sustain current momentum or if concerns about returns on AI capital expenditures are beginning to materialize. The week also features critical retail earnings from Home Depot (HD) Tuesday, Target (TGT) Wednesday, and Walmart (WMT) Thursday that will provide comprehensive insights into consumer spending health as the crucial holiday shopping season approaches. The delayed release of September's jobs report continues to deprive markets of critical employment data, though Friday's Manufacturing and Services PMI reports will offer some perspective on business conditions. Wednesday's FOMC meeting minutes will provide detailed insights into the Federal Reserve's recent policy deliberations and December rate cut expectations.
Here are 5 things to watch this week in the Market.
