Earnings season begins in earnest next week alongside a fresh batch of inflation and economic data.
Big Bank Earnings Kick Off
JPMorgan Chase, Goldman Sachs, Wells Fargo, Bank of America, and Citigroup report Tuesday, followed by Morgan Stanley, BlackRock, Johnson & Johnson, and others on Wednesday. Netflix, UnitedHealth, and GE Aerospace report Thursday.
Earnings Growth Expected to Stay Strong
Analysts expect S&P 500 second-quarter earnings to rise roughly 23% from a year earlier, which would mark a second straight quarter of growth above 20%.
Inflation Data on Deck
June’s Producer Price Index arrives Wednesday, with economists expecting a monthly decline alongside a still-elevated annual reading. Retail sales and weekly jobless claims follow Thursday.
Fed Chair Testifies
Kevin Warsh delivers his first congressional testimony on monetary policy Tuesday, a closely watched event given the ongoing internal debate over the Fed’s next move.
Housing and Manufacturing Data
Housing starts, industrial production, and the University of Michigan consumer sentiment survey round out the week on Friday.





