The Dow Jones and Nasdaq 100 indices experienced a decline last week, falling 1.35% and 6% from their year-to-date highs, amid concerns regarding the semiconductor sector and Federal Reserve policies. This week, key catalysts are expected to influence market movements. The US Consumer Inflation Report, set for release on Wednesday, is anticipated to show a 4.2% increase in headline CPI for May, which could prompt the Federal Reserve to consider interest rate hikes. Additionally, escalating tensions between the US and Iran, marked by recent military actions, could lead to increased energy prices and inflation, further impacting market conditions. Earnings reports from major tech companies like Oracle and Adobe are also on the horizon, with Oracle's AI partnerships and Adobe's software performance under scrutiny. Lastly, the highly anticipated SpaceX IPO is projected to raise $150 billion, potentially doubling its initial target and valuing the company at over $2 trillion, which could create significant market interest.