Earnings Season Kicks Off As Investors Await Fed Guidance, Key Economic Data
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Earnings season began strongly, with banks like JPMorgan and Wells Fargo beating expectations. Major reports from Netflix, Tesla, J&J, and others are upcoming.
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Investors are watching for signals from the Fed after mixed inflation and interest rate news. Fed Chair Powell speaks on Thursday.
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Important economic reports on retail sales, industrial production, and housing are scheduled. These will shape rate hike expectations.
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Ex-dividend dates coming up for PNC Financial, EOG Resources, CVS, Williams-Sonoma, Colgate-Palmolive, Procter & Gamble, and others.
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Current earnings reports, Fed statements, and economic releases can indicate near-term market trends.