In This Article:
Yahoo Finance Head of News Myles Udland breaks down the top stories to watch this weekend and next week.
President Trump's baseline 10% tariffs are set to take effect Saturday, April 5, and reciprocal tariffs will take effect Wednesday, April 9.
Big banks will kick off earnings season next week, with JPMorgan (JPM), Wells Fargo (WFC), and Bank of New York Mellon (BK) to release earnings on Friday, April 11. Other companies will also be releasing earnings throughout the week, including Levi Strauss (LEVI), Tilray (TLRY), and Delta (DAL).
Fresh inflation data will be coming out next week, including the Consumer Price Index (CPI) on Thursday, April 10 and the Producer Price Index (PPI) on Friday, April 11.
Finally, on Wednesday, April 9, the Federal Reserve will release the meeting minutes for its most recent FOMC meeting.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
Right, time now for what to watch next week. Let's start off on the tariff front and as the market sell off continues, President Trump's liberation day tariffs are set to go into effect over the weekend and next week a 10% tariff on all countries takes effect at 12:01 a.m. Eastern on Saturday and individualized reciprocal tariffs are scheduled for midnight on Wednesday. On the earning side, another season is kicking off, big banks leading it on Friday. JP Morgan Wells Fargo and Bank of New York Mellon will all report their results. We'll also get results from companies including Levi's, Delta and Carmax throughout the week. Now, over on the economic data side, we'll get fresh inflation data out next week with the consumer and producer price indexes, CPI coming on Thursday. Economist forecasting total CPI to slow to 0.1%. Core CPI ticks up to 0.3% on a month over month basis. On the producer side, PPI out on Friday, economists see total and core PPI increasing to 0.2% and 0.3% respectively. And finally, the Fed will release the minutes from March's FOMC meeting on Wednesday, the minutes giving us more insight into the discussions and deliberations held at the Fed ahead of its interest rate decision to hold rates steady earlier or last month, I guess now at this point. All right, that's going to do it for market domination today. Huge thanks as always Corey Johnson. Joebus. Thanks for stopping by for the full 90. That was fun. Couldn't imagine a more momentous day to have that fun.
Thank you. Thank you.