MNI US EARNINGS SCHEDULE - Pre-Tariff Behaviour in Focus

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• Financials take early focus this earnings season, with JPMorgan, Morgan Stanley, BNY Mellon, Wells Fargo and BlackRock all set to have reported by the end of this week.
• Goldman Sachs, Bank of America, Citigroup and others are set to follow next week.
• Markets will be particularly focused on any signs of front-loading corporate purchases ahead of expected tariffs, the rate at which firms will passthrough costs to the consumer and the expected impacts of tariffs on the bottom-line for consumer staples.
• Walmart have already this week withdrawn their quarterly income forecast given the uncertainty surrounding tariffs, however also stated that tariffs provide an opportunity to growth market share.
• This season will see over 50% of the S&P 500 having reported by the end of April, with the week beginning April 28th the busiest of the quarter.