1st quarter US bank earnings commence, with investors focusing on interest rate impact on earnings.

1st quarter US bank earnings are underway with JPMorgan Chase, Citigroup, and Wells Fargo reporting, with investors monitoring interest rate outlook impact on earnings. S&P 500 companies expected to report a 5% increase in Q1 earnings compared to the previous year. UK GDP growth returns, U.S. stock futures stabilize after volatile week ahead of earnings season. Crude prices set for weekly losses due to U.S. monetary policy and Middle East geopolitical risks.

April 12, 2024
3 Articles