"Key Earnings Reports and Retail Sales to Watch This Week"

Stocks fell last week amid concerns about inflation and interest rate cuts, with the Nasdaq, S&P 500, and Dow Jones all declining. This week, earnings reports from Bank of America, Goldman Sachs, Morgan Stanley, United Airlines, and Netflix are anticipated, while retail sales data for March is also expected. Economists are now predicting the Federal Reserve to hold interest rates steady until at least the fall, with two rate cuts priced in for this year. The first set of bank earnings showed declining net interest income, raising concerns about guidance. Additionally, Wall Street is closely watching for signs of consumer spending resilience and revenue growth as companies report their first-quarter earnings.