Market slumps triggered circuit breakers in Japan, South Korea, and Taiwan this morning, pausing trading in attempts to stop panic selling. The Japanese Nikkei fell more than 8% on opening, triggering a bear market. European markets opened around 6% down.

Rule Breakers recommendation Dave & Buster's (PLAY -1.35%) will post fourth-quarter earnings after today's closing bell. The company has been struggling after missing Q3 earnings estimates as customers spend less due to economic fears. Analysts expect 65 cents earnings per share this time.

• Dividends raised for 51 consecutive years: Dividend Investor rec RPM International (RPM -3.95%) reports Q3 results Tuesday, after posting earnings beats for the previous four quarters. At the end of fiscal 2024, the company raised its quarterly dividend 10.9% to 51 cents per share.
• Bank earnings to be hit by recession, spending slowdown, in 2025?: Friday brings Q1 updates from big banks, including JPMorgan (JPM -7.56%), Wells Fargo (WFC -7.26%), and Morgan Stanley (MS -7.55%). All three posted earnings beats in all four quarters of fiscal 2024.

We'll have the March consumer price index (CPI) print Thursday, expected to show a year-over-year rise of 2.5%, down from 2.8%. Core CPI is predicted to drop from 3.1% to 3%. A producer price index (PPI) update showing wholesale inflation follows Friday. February showed a 3.2% year-over-year rise with Core PPI up 3.3%.

• Traders are now factoring in four or even five cuts this year in an attempt to stabilize the economy: The CME Fedwatch tool has swung to a 57% probability of an interest rate cut at the Federal Reserve's next meeting on May 7.
• "There's a lot of waiting and seeing going on, including by us, and that just seems like the right thing to do at a time of elevated uncertainty": Fed chair Jerome Powell is in no rush, with so much up in the air right now.