In the week ahead, Wall Street investors will closely analyze key economic indicators, particularly the April Consumer Price Index (CPI) and retail sales figures, to gauge market health amid inflationary pressures linked to the ongoing US-Iran conflict. The CPI data is expected to reflect rising inflation, while retail sales will shed light on consumer spending trends. Additionally, geopolitical tensions are rising in the Gulf region, particularly following Iran's response to a US peace proposal, which has led to increased scrutiny of crude oil prices. Recent data indicates a significant drop in global oil reserves, with Morgan Stanley estimating a decrease of approximately 4.8 million barrels daily from March 1 to April 25. This situation raises concerns about potential price surges and fuel shortages. Major companies, including Cisco, Alibaba, and Applied Materials, are scheduled to report their quarterly earnings, which could further influence market dynamics. Last week, US stocks reached record highs, with the S&P 500 increasing by 2.3%, reflecting a stronger-than-expected job market.