S&P 500: Bank Earnings and CPI in Focus After Market’s Worst Week Since 2020
Meanwhile, nonfarm payrolls rose by 228,000 in March, beating expectations. Still, the unemployment rate ticked up to 4.2%, and strong job growth failed to calm investor nerves.
Where Are Yields and Commodities Headed?
Treasury yields dropped sharply on safe-haven demand, with the 10-year yield falling below 4% for the first time since October. The two-year yield fell to 3.68%. WTI crude declined over 9% to $62.61, while gold eased 1.8% to $3,035.
What Should Traders Watch Next Week?
Markets will be laser-focused on Thursday’s Consumer Price Index and Friday’s Producer Price Index reports, which could heavily influence Fed rate expectations. Key earnings from JPMorgan, Wells Fargo, and BlackRock will also test sentiment.
With trade tensions escalating and monetary policy uncertainty growing, downside risks remain high. Unless tariff threats de-escalate, markets could continue probing for a bottom.
More Information in our Economic Calendar.