Markets
Here are today’s market moves:
S&P 500 down 0.02% to 4,127.99
Dow Jones 0.16% to 33,745.40
Nasdaq down 0.36% to 13,850.00
Bitcoin: $59,985
US10Y: 1.669%
Gold: $1,732
What Happened?
U.S. stocks fell slightly on Monday as investors position themselves for the start of earnings season.
Earnings reports are expected this week from Bank of America, BlackRock, Citi, Delta, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Pepsi, and Wells Fargo.
Inflation data released on Tuesday are expected to show an increase in consumer prices in March.
Jerome Powell said on Sunday that the economy is at an inflection point and on the cusp of growing more quickly.
Coinbase, valued at $100 billion, is set to go public on Wednesday.
What Else?
This Week
Tuesday: Earnings expected from Charles Schwab.
Wednesday: Earnings expected from Goldman Sachs, JPMorgan Chase, and Wells Fargo; Coinbase goes public.
Thursday: Earnings expected from Bank of America, BlackRock, Citi, Delta, and Pepsi; Weekly jobless claims.
Friday: Earnings expected from Ally, Morgan Stanley, BNY Mellon, and State Street.