US Stock Market Weekly Macro Outlook (May 18–22, 2026) Monday, May 18
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US-Israel reportedly may restart strikes on Iran as early as this week ★★★★★
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Earnings: Baidu (BIDU) before market open
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G7 Finance Ministers and Central Bank Governors Meeting
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Samsung Electronics labor-management second-round mediation begins (key talks to avert strike risk) ★★★★★
Tuesday, May 19
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US ADP Private Employment Change (week ending May 10)
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Google I/O 2026 Developer Conference (May 19-20) ★★★★★
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Russian President Putin’s state visit to China (May 19-20) ★★★★★
Wednesday, May 20
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NVIDIA (NVDA) Q1 earnings after market close (THE biggest event of the week) ★★★★★
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SpaceX expected to file IPO S-1 as early as Wednesday, targeting June 12 listing ★★★★★
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EIA Weekly Crude Oil Inventory (week ending May 15)
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Other key earnings: Lowe’s (LOW), Analog Devices (ADI), Target (TGT), Intuit (INTU), GDS Holdings, etc.
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Fed releases April FOMC Meeting Minutes (Powell’s final minutes; signals start of the Walsh era) ★★★★★
Thursday, May 21
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US Initial Jobless Claims (week ending May 16)
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S&P Global US Manufacturing & Services PMI Flash (May)
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Key earnings: Walmart (WMT) before open; NIO, NetEase (NTES), Vipshop (VIPS), etc.
Friday, May 22
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University of Michigan Consumer Sentiment Final (May)
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