Investors watch Middle East tensions, Levi Strauss and Delta earnings, plus key inflation data next week.

Jim Cramer advises investors to monitor Middle East developments, especially Iran-related tensions, as they could impact markets. Key earnings reports from Levi Strauss and Delta Air Lines are expected, with Levi's shares underperforming despite strong results and Delta showing resilience. Important inflation data, including the core PCE deflator and consumer price index, will also be released, influencing Federal Reserve policy outlook. Market direction remains uncertain amid geopolitical risks and mixed economic signals.