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Markets Await Key Inflation Data and Bank Earnings as Investors Monitor Recession Risk

  • Investors are looking to economic reports and earnings from major banks for indications on interest rate hikes and the strength of the economy.
  • The S&P 500 ended little changed while the Nasdaq fell as tech stocks declined.
  • Energy stocks rose but fears of a slowdown weighed on the overall market.
  • Major US banks including JPMorgan Chase, Wells Fargo, and Citigroup will report earnings Friday, which could provide insight into the state of the economy.
  • The Federal Reserve's next meeting is in May, and policymakers are monitoring data to determine the pace of rate increases.
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