The market is eagerly awaiting the next round of earnings reports. A few trickled in this week, but the reporting season doesn’t really get going until next week. Corporate earnings are expected to top last quarter, which was already strong. That could provide the fuel for stocks to move higher.
But there are things to watch. The ceasefire between the U.S. and Iran is over. That means that energy prices and inflation will continue to dominate the headlines. It also means that next week’s readings for June inflation (the CPI and PPI) already seem like old news.
