???? SPY & SPX — Weekly Market-Moving Headlines Feb 23–27, 2026

???? Market-Moving Themes

???? NVDA Week = Market Anchor
Positioning, hedging, and volatility are likely to dominate flows into Wednesday’s NVDA earnings (after close)

???? Crypto De-Risking Overhang
Weak crypto tape + miner stress can keep high-beta proxies heavy and reinforce a “risk-off under the hood” feel

???? Fed Speak Flood
A dense speaker slate (especially Tuesday) raises the odds of intraday rate-expectation whipsaws

???? Real-Economy Check
Factory/wholesale data helps confirm whether “rotation into cyclicals/value” has real macro backing or is just flow-driven

???? Friday Inflation Gate
PPI is the last big macro hurdle of the week and can reset rate narratives quickly into month-end positioning

???? Key U.S. Economic Data & Fed Speakers — Week of Feb 23–27 (ET)

MONDAY, FEB. 23
8:00 AM

Fed Governor Christopher Waller speaks
10:00 AM

Factory orders Dec: 0.2% (Prev 2.7%)

TUESDAY, FEB. 24
8:00 AM

Chicago Fed President Austan Goolsbee speaks
9:00 AM

S&P Case-Shiller Home Price Index (20 cities) Dec (Prev 1.4%)

Atlanta Fed President Raphael Bostic speaks
9:15 AM

Fed Governor Christopher Waller speaks
9:30 AM

Fed Governor Lisa Cook speaks
10:00 AM

Wholesale inventories Dec: 0.2% (Prev 0.2%)

Consumer confidence Feb: 87.5 (Prev 84.5)

WEDNESDAY, FEB. 25
9:35 AM

Richmond Fed President Tom Barkin speaks
11:00 AM

Kansas City Fed President Jeffrey Schmid speaks

THURSDAY, FEB. 26
8:30 AM

Initial jobless claims Feb 21: 215,000 (Prev 206,000)

FRIDAY, FEB. 27
8:30 AM

Producer Price Index (delayed) Jan: 0.3% (Prev 0.5%)

Core PPI Jan: 0.4% (Prev 0.4%)

PPI YoY: 3.0%

Core PPI YoY (Prev 3.5%)
9:45 AM

Chicago Business Barometer (PMI) Feb (Prev 54.0)
10:00 AM

Construction spending (delayed) Nov: 0.4% (Prev 0.5%)

Construction spending Dec: 0.1%

⚠️ Disclaimer: For informational purposes only. Not financial advice.

???? #SPY #SPX #NVDA #Fed #Rates #Macro #PPI #Jobs #ConsumerConfidence #PMI #Markets #Stocks #Options