Shutdown Ends, Markets Awaken: The Dual Catalyst Ahead

Markets entered the week on a wave of relief after the US government reopened, setting the stage for a data-heavy stretch that could redefine the macro outlook. Yet with lingering uncertainty over how quickly agencies can resume publishing key releases, traders may still be flying partially blind.

The coming days hold multiple inflection points: October inflation and jobless claims on Thursday, retail sales and producer prices on Friday, and earnings from Cisco (Wed), Applied Materials (Thu), and Walt Disney (Thu). Add in a Supreme Court ruling on Trump’s tariff powers and the potential for delayed data, and this week could mark a crucial pivot in both policy and sentiment.