Earnings from the often-largest U.S. company and the inflation gauge that the Federal Reserve watches most closely will be the week's highlights.

NVIDIA's fourth-quarter financial results are due out on Wednesday after the market close. It's the last report this earnings season from the companies that comprise the so-called Magnificent Seven, which have led the broader market higher.

On Friday, the Bureau of Economic Analysis will release the latest reading of the personal consumption expenditures price index. Inflation worries are back in focus after the consumer price index rose by 3% year over year in January.

Monday 2/24

Coterra Energy, Diamondback Energy, Domino's Pizza, GFL Environmental, Oneok, Realty Income, Public Storage, SBA Communications, and Zoom Communications announce earnings.

Tuesday 2/25

American Tower, Axon Enterprise, Bank of Montreal, National Bank of Canada, Caesars Entertainment, Cava Group, Coupang, Extra Space Storage, First Solar, Henry Schein, Home Depot, Intuit, Keurig Dr Pepper, Keysight Technologies, Maplebear, Pinnacle West Capital, Public Service Enterprise Group, Sempra, and Workday report quarterly results.

S&P CoreLogic releases its Case-Shiller National Home Price Index for December. Home prices rose 3.8% year over year in November, with New York posting the highest annual gain, 7.3%, among the 20 cities tracked in the index. Tampa posted the lowest return, with home prices falling 0.4%.

The Conference Board releases its Consumer Confidence Index for February. Economists forecast a 103.1 reading, about one point less than in January.

Wednesday 2/26

Agilent Technologies, Anheuser-Busch InBev, APA, eBay, FirstEnergy, Invitation Homes, Heico, Lowe's, NRG Energy, Nutanix, Nvidia, Paramount Global, Pure Storage, Salesforce, Snowflake, Stellantis, Synopsys, TJX Cos., Universal Health Services, and Verisk Analytics release earnings.

The Census Bureau reports new residential sales. The consensus call is for a seasonally adjusted annual rate of 678,000 new single-family homes sold in January, 20,000 less than in December.

Thursday 2/27

Autodesk, Canadian Imperial Bank of Commerce, Dell Technologies, Edison International, Evergy, Hormel Foods, HP Inc., J.M. Smucker, Liberty Media, Monster Beverage, NetApp, Norwegian Cruise Line Holdings, Royal Bank of Canada, Toronto-Dominion Bank, Viatris, Vistra, and Warner Bros. Discovery hold conference calls to discuss quarterly results.

The Bureau of Economic Analysis releases its second estimate of fourth-quarter gross-domestic-product growth. GDP is expected to have grown at a seasonally adjusted annual rate of 2.3%, which would be unchanged from the BEA's advance estimate released in late January.

The Census Bureau releases the durable goods report for January. Consensus estimate is for new orders for manufactured durable goods to increase 2.2% month over month to $282 billion.

The National Association of Realtors releases its Pending Home Sales Index for January. The PHS Index, a leading indicator of housing activity, is expected to decline 1.2% month over month, after falling 5.5% in December.

Friday 2/28

The BEA releases the personal consumption expenditures price index for January. Economists forecast a 2.5% year-over-year increase, one-tenth of a percentage point less than in December. The core PCE price index, which strips out volatile food and energy prices, is expected to rise 2.6%, compared with 2.8% previously. A 2.6% annual increase for the Federal Reserve's favored inflation gauge would be the lowest since March of 2021.