Here are the 3 big things we're watching in the stock market in the week ahead

Three major themes are dominating market attention heading into the new trading week: the Federal Reserve leadership transition, escalating trade tensions, and a wave of corporate earnings reports.

The confirmation of Kevin Warsh as the next Fed chair is expected next week, and markets are pricing in a potentially more hawkish monetary stance. Warsh has been critical of the Fed's accommodative policies and could move quickly to signal tighter policy, which would impact bond yields and equity valuations.

Trade tensions remain elevated following the Strait of Hormuz incident. Oil prices have swung sharply as the US announced efforts to clear Iranian mines from the critical shipping lane. Any escalation could ripple through energy stocks, shipping companies, and inflation expectations.

Finally, five of the Magnificent Seven tech companies report earnings this week, making it one of the busiest weeks of the season. Results from these mega-cap names will set the tone for the broader market and could determine whether the recent rally has legs.

**What This Means For You:** This is a high-volatility week for markets. If you have investments, pay close attention to Fed confirmation news and earnings reports. Consider whether your portfolio is positioned for potential rate increases and energy price swings.