A Fed meeting, jobs report, and more Big Tech earnings: What to know this week

Stocks rebounded as tech earnings spawned a rally in markets despite growing concerns that the Fed will hold interest rates higher for longer.

The Nasdaq Composite (^IXIC) rose more than 4% last week, while the S&P 500 (^GSPC) popped almost 3%. Meanwhile, the Dow Jones Industrial Average (^DJI) rose less than 1%.

In the week ahead, a Fed meeting, the April jobs report, and earnings from Big Tech stalwarts Apple (AAPL) and Amazon (AMZN) will test the recent optimism in markets.

Updates on job openings, activity in the services and manufacturing sectors, and consumer confidence are also on the calendar.

Companies reporting earnings include AMD (AMD), Coca-Cola (KO), Eli Lilly (LLY), McDonald's (MCD), Novo Nordisk (NVO), Starbucks (SBUX), and Super Micro Computer (SMCI).