US stock investors will turn their attention this week to quarterly earnings from major banks, inflation data and other economic releases for clues on corporate profitability and the outlook for interest rates—two key factors underpinning the market's rally.
The S&P 500 closed at a record high last Tuesday for the first time since mid-August, lifting its year-to-date gains to more than 14%. The upcoming data and earnings reports will test whether the rally can sustain its momentum amid rising Treasury yields and concerns about persistent inflation.
