Markets Close Slightly Lower Amid Volatility Over Rate Cut Timeline
• Markets snapped 5-week upward streak, closing slightly lower amid volatile trading driven by mixed economic data
• Attention turns to Fed meeting minutes (Wed) for rate cut timeline clues after hotter producer inflation data raised concerns
• Strong corporate earnings from S&P 500 companies shielding stocks from economic uncertainty
• Nvidia earnings (Wed) a crucial moment for stock rally given high expectations after 240% gain last year
• Notable upcoming earnings Home Depot, Walmart, Palo Alto Networks, Analog Devices, Block, Booking Holdings, Intuit, Moderna; Ex-dividend dates Target, Yum Brands, Applied Materials, etc.