Big Tech Kicks Off a Packed Week

Today is one of the busiest days of earnings season. AAPL and AMZN both report after the close — two of the market's most-watched names on the same afternoon. Apple's results will be scrutinised for iPhone demand signals. Amazon's cloud and advertising businesses are the key watch items.

Also today, European pharma giant Sanofi posted its numbers. ING and KKR also reported this morning.

Tomorrow, CVX reports before the open. Chevron faces pressure from softer oil prices. MTD holds its earnings call in the morning as well.

Monday brings MAR, VRTX, and CLX. Marriott's travel demand outlook will be closely watched. Vertex results will focus on its cystic fibrosis franchise.

Tuesday sees a heavy slate. BKNG, AMGN, GILD, and PGR all report. Booking Holdings will signal whether consumer travel spending is holding up. Progressive's loss ratios will be the focus for insurance watchers.

Wednesday closes the week with CVS, EBAY, and MSI.

No significant IPOs are confirmed in the pipeline this week.