Wall Street Week Ahead: Soaring stocks could face rocky patch as earnings wind down, yields perk up

May 23, 2026

US stocks face potential headwinds as a strong earnings season concludes. Investors are shifting focus to rising inflation and bond yields, with the PCE price index due Thursday. Futures now price in a potential Fed rate hike later in 2026, a stark contrast to earlier expectations. Key reports from Salesforce and Costco are awaited.

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