Corporate earnings take focus amid light data week
WEEKLY MARKET COMMENTARY |
The week ahead will feature a heavy slate of first quarter corporate earnings announcements as investors digest the inability of major oil-producing countries to reach an agreement to curtail production.
Companies reporting earnings this week include Morgan Stanley, Goldman Sachs, Coca-Cola, Yum Brands, American Airlines and Apple. In the U.S. it will be a light data week with fresh information on housing, initial claims and regional manufacturing.