Week-starter playbook: earnings deluge and Fed decision anchor U.S. session

Pre-market focus centers on a heavy earnings cluster from large tech, payments and energy alongside a closely watched central-bank decision mid-week. Index-level resilience has leaned on growth leaders; sustainability now pivots on guidance for capex, AI monetization and buybacks. Rate-cut expectations are firm, but forward-path language could shift multiple expansion. Traders plan to fade extreme gaps and lean on opening-range breaks in names with clean catalysts. Cross-checks include credit spreads, implied volatility term structure and factor breadth for confirmation of any trend extension.