Major US banks and key economic reports this week may set the tone for equities amid inflation concerns and earnings expectations.
Second-quarter earnings season officially starts this week, with JPMorgan Chase, Goldman Sachs, and other major banks reporting Tuesday. The releases follow a mixed week for US equities, as the S&P 500 rose 1.2% while the Dow declined 0.5%.
Investors will also parse critical inflation data, including Tuesday’s Consumer Price Index and Wednesday’s Producer Price Index. The reports come after a strong Q1 earnings season but amid lingering concerns over economic growth and Federal Reserve policy.
Other notable earnings include Taiwan Semiconductor, Netflix, and UnitedHealth later in the week, alongside Friday’s University of Michigan consumer sentiment survey.