After a holiday-shortened week that saw stocks near record highs, investors will shift their focus to key economic indicators and corporate earnings reports. With job growth slowing, the release of June's Consumer Price Index (CPI) will be closely watched, potentially signaling a future interest rate cut by the Federal Reserve. Federal Reserve Chair Jerome Powell's semiannual testimony before Congress will also provide insight into policy moves. Corporate earnings season kicks off with big banks like JPMorgan, Wells Fargo, and Citi reporting, along with companies like PepsiCo and Delta Air Lines. As the S&P 500 and Nasdaq close at record highs, analysts caution that high expectations for second quarter earnings could limit stock market gains. Overall, investors will be monitoring inflation data, interest rate cut possibilities, and corporate performance throughout the week.