On Tuesday, GE Aerospace is expected to show revenue growth, while Boeing's report follows the announcement of 17,000 job cuts due to a worker strike.

Federal Reserve officials, including Gov. Michelle Bowman, will deliver remarks throughout the week, contributing to the economic discourse.

In addition to corporate earnings, the Michigan Consumer Sentiment Index will be released on October 25, offering insights into public perceptions of the economy.

Key economic indicators this week include initial jobless claims and S&P flash U.S. PMI data on October 24, which will provide insights into the labor market and economic health.

The week will conclude with the release of the October consumer sentiment report on Friday, which will shed light on consumer confidence and spending habits.

Coca-Cola will also report on Wednesday, aiming to maintain its optimistic outlook following a 10% sales jump in North America.

This week is pivotal for investors as several major companies are set to release their quarterly earnings reports, providing critical insights for market preparation.

High-profile earnings announcements are scheduled throughout the week, including Tesla, GE Vernova, Coca-Cola, T-Mobile, and Boeing.

On Wednesday, T-Mobile will report earnings after raising its expected subscriber growth, while AT&T and Verizon will follow with their reports on Tuesday and Wednesday, respectively.

Tesla's earnings report on Wednesday comes after a significant 45% drop in profits in its last quarterly update, despite an increase in revenue.

Thursday will see earnings reports from several companies, including Amazon, Hyundai, Capital One, UPS, and American Airlines.

Before the market opens on Tuesday, General Electric, Kimberly Clark, and Verizon Communications will release their earnings.