US Equity Investors Eye Micron Earnings, PCE Data, Iran Talks

US equity investors are focusing on a series of key events this week, including Micron Technology's (MU) fiscal third-quarter earnings, PCE inflation data, and Iran peace talks.

Micron (MU) Earnings

Micron is expected to report Q3 fiscal 2026 results after the close on Wednesday. Analysts anticipate revenue of around $8.5 billion, with attention on Q4 guidance amid weak PC and smartphone demand.

PCE Inflation Data

The Personal Consumption Expenditures (PCE) price index for May will be released on Friday, the Fed's preferred inflation gauge. Economists expect core PCE to hold at 2.8% year-over-year.

Iran Peace Talks

Indirect talks between the US and Iran continue in Oman, with reports of progress toward a temporary nuclear deal. Any agreement could impact oil prices and energy stocks.

What This Means for Investors

This week is pivotal for markets as corporate earnings meet inflation data and geopolitical developments. Investors should watch Micron's guidance and market reactions to PCE data.