Disney steps up as Big Tech steps back: What to know this week

News Snapshot:

Over the last two weeks, investors were deluged by earnings, economic data, and the Federal Reserve's latest policy announcement. In the week ahead, the earnings flow will remain steady but slow down while the week's economic calendar should be among the year's quietest. On Friday, investors cheered the April jobs report, which showed the US labor market growing at a slower pace last month, bringing the prospect of the Federal Reserve cutting interest rates this year back to the fore. Combine this report with strong earnings late Thursday out of Apple (AAPL), which became the latest Big Tech company to...