Stocks bounced back to end the holiday-shortened week this past Thursday after tumbling in the wake of Kevin Warsh's first press conference as Federal Reserve Chairman.

Wall Street returns from the long weekend this week with a handful of key earnings reports and the Federal Reserve's preferred inflation gauge to look forward to.

FedEx and KB Home will report results on Tuesday, followed by Micron Technology, Paychex, and Trip.com on Wednesday. Darden Restaurants, FedEx Freight Holding, and McCormick are due to report on Thursday.

The Bureau of Economic Analysis will release the personal consumption expenditures price index for May on Thursday.

Other economic data releases to watch include S&P Global's Manufacturing and Services Purchasing Managers' Indexes for June on Tuesday, May new-home sales from the Census Bureau on Wednesday, and May Durable Goods from the BEA on Thursday.

Monday, June 22

Ennis reports quarterly results.

Tuesday, June 23

FedEx, Cerebras Systems, Carnival, and KB Home report quarterly results.

S&P Global releases both its Manufacturing and Services Purchasing Managers' Indexes for June. Consensus estimates are for a 54.5 reading for the Manufacturing PMI and a 51.2 for the Services PMI. The manufacturing and services indexes were at 55.1 and 50.7, respectively, in May.

Wednesday, June 24

Micron Technology, Paychex, Trip.com, and Jefferies Financial hold earnings calls to discuss results.

The Census Bureau reports new-home sales for May. The consensus call is for a seasonally adjusted annual rate of 658,000 new single-family homes sold, up from 622,000 in April.

Thursday, June 25

Darden Restaurants, FedEx Freight Holding, and McCormick report earnings.

The Bureau of Economic Analysis releases the personal consumption expenditures price index for May. The headline PCE rose at a 3.8% annual rate in April. The core PCE, which excludes volatile food and energy prices, is expected to rise at a 0.4% monthly rate, compared to 0.2% in April.

The Census Bureau releases the durable goods report for May. Consensus estimate is for an 0.8% month-over-month rise in new orders for manufactured durable goods.

Friday, June 26

The University of Michigan releases its consumer sentiment survey for June. The consensus call is for the index to hold steady at a 48.9 reading. A preliminary reading earlier this month showed an uptick to 48.9, up from 44.8 in May. Though easing gasoline prices provided some relief, respondents continue to feel burdened by inflation.