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[BUSINESS] · United States, Australia · 15 sources

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Wall Street prepares for bank earnings and inflation data

Wall Street enters a critical week as investors prepare for the start of the third-quarter corporate earnings season and the release of key inflation data. Major U.S. financial institutions, including JPMorgan Chase, Goldman Sachs, Citigroup, and Wells Fargo, are scheduled to report their quarterly results, which will provide insight into the health of the banking sector amid rising interest rates.

Economic indicators are also in focus, with the Labor Department expected to release the Consumer Price Index on Wednesday and the Producer Price Index on Thursday. These reports are anticipated to influence the Federal Reserve's upcoming policy decisions.

Market sentiment remains cautious but resilient. While S&P 500 and Nasdaq 100 futures showed slight gains, investors are balancing strong projected earnings growth—estimated by analysts at 30.6% for the S&P 500—against elevated Treasury yields and geopolitical volatility in the Middle East. Brent crude oil has recently traded above $104 per barrel, adding to the macroeconomic complexity.

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Citigroup · Federal Reserve · Freddie Mac · Goldman Sachs · JPMorgan Chase · Labor Department · National Association of Realtors · S&P 500 · Wall Street

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