Stocks Uncertain Ahead of Key Inflation Data and Bank Earnings
• Stocks wavered on Monday amid uncertainty about Fed's plans for interest rate cuts and ahead of big week for inflation data, bank earnings.
• Fresh consumer price index data out Wednesday will give clues on inflation trends, Fed rate cut outlook.
• Strong March jobs report lifted stocks Friday but still weekly losses on doubts about Fed's plans.
• Earnings season kicks off with banks reporting Friday; expectations of robust profit growth for S&P 500 companies.
• Oil prices spiked on Middle East tensions, adding to inflation concerns; Brent topped $90 a barrel, WTI near $87.