There is a lot of earnings and economic data available on the docket, despite the banking crisis being at the forefront in the coming week.
An end of the week rally helped boost weekly gains with the Dow Jones Industrial Average gaining 1.15% while the S&P 500 and Nasdaq Composite rose 1.37% and 1.80%, respectively.
The biggest market events are going to be looked at in the coming week, according to FOX Business.
On Monday, investors will be looking out for more information related to the collapse of Silicon Valley Bank, including what may happen with First Republic, which continues to seek alternatives to shore up its business.
Carnival, which is reporting quarterly earnings on Thursday, will give a business update at 10 a.m. Cruise lines, which were mostly shuttered during the epidemic, have been seeing soaring demand, with Norwegian Cruise Lines leading the pack.
General Motors is expected to resume production of its flagship Corvette after shutting down the plant in Bowling Green, Kentucky because of a parts shortage.
After the bell, the parent of Calvin Klein and Tommy Hilfiger will report.
The Dallas Fed manufacturing index was released on Monday at 10: 30 a.m. The manufacturing industry is expected to report that it has contracted for the 11th straight month in a row.
On Tuesday, the Senate Banking Housing and Urban Affairs Committee will conduct a hearing on bank failures, namely SVB and Signature Bank, and the Federal regulatory response. Bank stocks have had a big swing in the fallout.
Satya Nadella, CEO of Microsoft, will launch Microsoft Secure, designed to provide security professionals with comprehensive strategies to protect more with less, as the tech giant pushes its AI-powered future.
Before markets open on Tuesday, shareholders will include Walgreens Boots Alliance and McCormick Co.
After the bell, Cal-Maine Foods, Jefferies Financial Group, Lululemon and Micron Technology will share their earnings.
The Case-Shiller home price index will lead the economic data, but prices are expected to fall 0.9% compared to last month, but still 3.7% more expensive than this time last year. The House Financial Services Committee will hold a hearing on the collapse of SVB and Signature Bank at 10 a.m. at the same time the Senate Health Education Labor and Pensions Committee will grill former Starbucks CEO Howard Schultz on labor laws. Schultz handed over his post to Laxman Narasimhan earlier than originally scheduled.
In auto news, Lamborghini, owned by Volkswagen, will unveil its successor to the Aventador supercar.
Before markets open, there will be earnings from Cintas and Paychex.
Mortgage applications, expected to rise, pending home sales, expected to be down 19% over the year, and EIA weekly crude stocks are all expected to be included in the economic data on Wednesday. The price of oil is below the $70 per barrel level.
Carnival Cruise Lines and EVgo, a maker of EV charging stations, will report earnings on Thursday.
Blackberry and Canoo will release results after the bell.
Economic data will include the final U.S. Q 4 GDP and initial jobless claims.
The Federal Reserve preferred measure of inflation, the PCE, is expected to remain elevated on Friday, rising an estimate of 5.1% year-over-year and 0.5% on a monthly basis.
Other data includes the University of Michigan consumer sentiment index and the Chicago PMI.
New York Federal Reserve President John Williams will speak on monetary policy in the afternoon.