According to CNBC, investors are watching a busy week for earnings and economic data, including four Club holdings set to report and two major inflation releases. The main macro focus is Wednesday morning's September consumer price index, with economists polled by FactSet expecting headline CPI to rise 3.6% year over year and core CPI to increase 2.4%. The producer price index is due Thursday, along with retail sales, while existing home sales are scheduled for Tuesday and industrial production and capacity utilization for Friday.

Goldman Sachs, Wells Fargo, Bank of New York, and Johnson & Johnson are among the companies reporting results this week. According to LSEG, Goldman Sachs is expected to post third-quarter EPS of $13.02 on revenue of $16.74 billion, Wells Fargo is seen earning $1.85 a share on revenue of $22.32 billion, Bank of New York is expected to report EPS of $2.27 on revenue of $5.55 billion, and Johnson & Johnson is projected to post EPS of $2.53 on revenue of $25.25 billion. The article also notes that Barclays expects equities trading to remain ahead of fixed income, currencies and commodities trading after a recent shift in revenue mix at Goldman Sachs.