Market Eyes Earnings, Inflation Data as Indices Hit Fresh Highs
U.S. equity markets open Tuesday at record levels, with investor focus shifting to the opening act of earnings season and a critical inflation reading that will shape the near-term policy outlook.
Earnings Season Kickoff: Banks in the Spotlight
The quarterly reporting cycle begins in earnest with financial heavyweights. JPMorgan Chase will unveil its results ahead of the bell, featured live on CNBC's "Squawk Box" at 6:30 a.m. ET. The stock has gained nearly 8% over the past three months but sits 3.8% below last week's high. Bank of New York Mellon also reports Tuesday morning, with shares up 15% over the same period.
Delta Air Lines rounds out the major pre-market reports, with CEO Ed Bastian joining "Squawk Box" in the 7 a.m. hour. Delta's stock has soared 24% in three months.
December CPI: The Inflation Checkpoint
The December Consumer Price Index (CPI), due at 8:30 a.m. ET, will command center stage. Economists surveyed by Dow Jones anticipate a 0.3% monthly increase and a 2.7% annual gain. The report will be crucial for calibrating Federal Reserve policy expectations. Treasury yields were steady ahead of the release, with the benchmark 10-year note at 4.18%.
Commodities & Special Coverage
Boeing: CNBC's Phil LeBeau will deliver the plane maker's December orders update at 11 a.m. ET. Shares have rallied 17% in the past month.
Silver: The metal continues a stunning rally, with futures up 35% in one month and nearly 120% over the past six months, drawing significant investor attention.
Cryptocurrency: CNBC's Emily Wilkins will report on potential key regulatory movements on Capitol Hill. Bitcoin and Ether are down 20% and 25%, respectively, over the last three months.
Warren Buffett Documentary: CNBC will premiere "Warren Buffett: A Life and Legacy," a new documentary from "Squawk Box" anchor Becky Quick, Tuesday night at 7 p.m. ET. Berkshire Hathaway's Class A shares trade around $750,000, down 8% from their May high.
The session sets up as a pivotal test for the record-setting market rally, balancing corporate profit resilience against the ongoing narrative on inflation and interest rates.
.jpg)
