Wall Street awaits jobs data, earnings from McDonald's, SpaceX

This week brings closely watched jobs reports and earnings from major U.S. companies, offering clues on consumer spending amid high inflation. Clorox and Marriott report Monday; SpaceX, McDonald's, and Expedia follow. Job openings data arrives Tuesday, with the key July employment report on Friday. With over half of S&P 500 companies already reporting strong profit growth and indexes near records, investors will gauge whether valuations are justified.