Banking interests will be in focus as the earnings season kicks off
Earnings season unofficially kicks off once again with
Alcoa Inc (NYSE:AA) reporting its quarterly figures on Monday. Several banking interests will head into the earnings confessional throughout the week, including
Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM
),
Wells Fargo & Co (NYSE:WFC), and Citigroup Inc (NYSE:C). On the economic front, traders will be awaiting the latest inflation data, and several central bank officials are slated to speak through the course of the week.
Below is a brief list of some key market events scheduled for the upcoming week. All earnings dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.
Monday, April 11
There are no significant economic reports on the radar for Monday, but Dallas Fed President Rob Kaplan will participate in a Q&A session in Louisiana. Meanwhile, earnings season heats up with AA and Bank of the Ozarks (OZRK) reporting quarterly results.
Tuesday, April 12
Import and export prices are first on the docket, followed by the release of the U.S. Treasury budget. Philadelphia Fed President Patrick Harper, San Francisco Fed President John Williams, and Richmond Fed President Jeffrey Lacker are scheduled to speak throughout the day. CSX (CSX), Perry Ellis (PERY), and Fastenal (FAST) will step up to the earnings plate.
Wednesday, April 13
A busy day for economic reports begins with March retail sales and the producer price index (PPI), followed by the February business inventories report, the weekly crude inventories update, and the release of the Fed's Beige Book. Stepping into the earnings spotlight will be
JPM and Pier 1 Imports (PIR).
Thursday, April 14
Weekly jobless claims and the consumer price index (CPI) will hit the Street, ahead of speeches from Atlanta Fed President Dennis Lockhart and Federal Reserve Governor Jerome Powell. A busier day for earnings reports includes
Wells Fargo (WFC), BAC,
Advanced Micro Devices (AMD), BlackRock (BLK),
Delta Air Lines (DAL), Fairchild Semiconductor (FCS), and Progressive (PGR).
Friday, April 15
The Empire State manufacturing index and Thomson Reuters/University of Michigan consumer sentiment survey are due Friday, as well as industrial production and Treasury International Capital (TIC) data. Plus, Chicago Fed President Charles Evans will speak at a seminar in the nation's capital. The week's earnings reports will wrap up with results from
C, Charles Schwab (SCHW), Infosys (INFY), and
Reynolds American (RAI).
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