Major indices are heading higher at the start of the week in a buy-the-dip mode, even after President Trump signals new tariffs. The Dow Jones is 100 points higher and the Nasdaq 220 points higher.

Eight out of eleven sectors are higher, led by Energy (XLE) as oil advances 2.0%, followed by Technology (XLK). The laggard is Financials (XLF) with heavy pressure on component Charles Schwab (SCHW) after peer Toronto Dominion (TD) announced it is looking to sell its equity investment in the brokerage service.

January New York Fed the one-year inflation expectations unchanged at 3% in January for second consecutive month. The 5-year expectations rose by 0.3 points to 3%.

The survey showed a rise in inflation expectations for various items:

• Gas price expectations increased by 0.6 percentage points to 2.6%
• Food price expectations increased by 0.6 percentage points to 4.6%
• Medical Care price expectations increased by 1 percentage point to 6.8%
• College price expectations increased by 0.2 percentage points to 5.9%
• Rent price expectations increased by 0.5 percentage points to 6%

The Fear & Greed Index edged into Neutral territory from Fear on Friday.

Investors are awaiting results from another earnings filled week.