Inflation Data and Major Earnings Reports to Dominate Shortened Trading Week

Investors will focus on the Fed's preferred inflation gauge and key earnings from Costco, Salesforce, and others.

Markets will be closed Monday for Memorial Day, resuming Tuesday.
The Personal Consumption Expenditures (PCE) index release on Friday is crucial for inflation insights.
Costco, Salesforce, and Dollar General are among the major companies reporting earnings this week.
Economic indicators such as consumer confidence and GDP updates are also on the agenda.
Crypto market activity may increase following recent SEC approval of Ether ETFs.