Bank Earnings and Inflation Data Face Markets

Major US banks prepare to release quarterly earnings reports alongside critical inflation data. Investors await insights into corporate profits and upcoming Federal Reserve interest rate decisions.

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FILE PHOTO: A view shows the New York Stock Exchange (NYSE) Wall Street entrance in New York City, U.S., April 7, 2025. REUTERS/Kylie Cooper/File Photo

Major United States banks and upcoming CPI data will test the S&P 500 rally next week as equities hover near record highs. The benchmark index touched an all-time closing high Tuesday, pushing its year-to-date gain past 13%. Investors are weighing corporate profit strength against rising Treasury yields ahead of the upcoming FOMC meeting.

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