The key for markets next week will be inflation as stocks try to maintain record highs

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The April personal consumption expenditures report will give investors another look at the inflation picture.

Investors will get another look at the inflation picture next week at a time when some stronger economic data has Wall Street concerned the Federal Reserve won't cut rates this summer. The news will come with stocks on pace to close out a strong month that included all-time highs.

Home Price Index 9 a.m. S & P/Case-Shiller comp.20 HPI 10 a.m. Consumer Confidence 10:30 a.m. Dallas Fed Index Wednesday May 29 10 a.m. Richmond Fed Index 2 p.m. Fed Beige Book Earnings: HP , Salesforce , Agilent Technologies Thursday May 30 8:30 a.m. Continuing Jobless Claims 8:30 a.m. GDP 8:30 a.m. Initial Claims 8:30 a.m. Wholesale Inventories 10 a.m. Pending Home Sales Earnings: Costco Wholesale , Ulta Beauty , NetApp , Best Buy , Dollar General , Hormel Foods Friday May 31 8:30 a.m.

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