Healthcare and consumer staples take the focus from financials in the coming holiday-shortened week.
Key reports include Tesla, IBM, Alphabet, Procter & Gamble and Abbvie. This makes for a busy week, with over 20% of the S&P 500’s market cap set to report.
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.
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.