Inflation and Earnings in Focus as Reports Shed Light on Growth, Rates

Inflation data in focus this week with March CPI report on Wednesday; signs of sticky inflation could mean fewer Fed rate cuts this year
First quarter earnings season kicks off with reports from Delta, BlackRock, Citi, JPMorgan, Wells Fargo and others
Financial sector earnings and management outlooks will set tone for expected robust 10.9% S&P 500 profit growth this year
Watch for earnings growth rotation signs, with slower tech expansion but faster pace among other sectors
Jobs data showed strong labor market; debate continues whether wage gains will fuel further inflation