US Stock Market: AI boom and consumer spending trends take center stage as earnings season nears key test
- Posted on May 18, 2026
- By Business News Today
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- 1 min read
US Stock Market: AI boom and consumer spending trends take center stage as earnings season nears key test
S&P 500 and NASDAQ Composite are heading into a crucial week near record highs, with investors focused on two key themes — the AI-driven market rally and the strength of U.S. consumer spending amid sticky inflation. Earnings from NVIDIA and major retailers like Walmart, Home Depot, Target and TJX Companies are expected to provide fresh clues on AI demand, consumer health, and the broader U.S. economy.
