What to Watch in Markets This Week: Big Banks Report; Earnings Season Ramps Up

Questions about whether the U.S. has reached an enduring resolution with Iran—and what it means for oil—continue to dog investors. Meanwhile, big banks will release results that shed light on how the conflict has impacted the economy following last Friday’s inflation data.

Late Saturday night, Vice President JD Vance said that the U.S. and Iran had failed to reach a peace deal after marathon talks in Islamabad, Pakistan, because Tehran refused to agree not to develop a nuclear weapon. “The meeting went well, most points were agreed to, but the only point that really mattered, NUCLEAR, was not,” President Donald Trump wrote Sunday morning on Truth Social. “Effective immediately, the United States Navy, the Finest in the World, will begin the process of BLOCKADING any and all Ships trying to enter, or leave, the Strait of Hormuz.”

Goldman Sachs is slated to report Monday, followed by JPMorgan Chase on Tuesday and Bank of America on Wednesday. Investors will watch for shifts in trading activity, as well as changes in the corporate appetite for mergers and acquisitions and IPOs.

Bank executives also often share broad outlooks on the U.S. economy; JPMorgan Chase CEO Jamie Dimon recently said he is wary of a potential “tipping point.”

Financial service firms can also offer perspective on how consumers are faring, including how they are responding to last month’s rise in inflation. (Another perspective on Americans’ financial well-being could come from supermarket chain Albertsons, which reports Tuesday.)

Updates on demand for AI are also on the docket. ASML, a chipmaking equipment giant, is slated to release first-quarter results Wednesday, followed by the Taiwan Semiconductor Manufacturing Thursday. The latter-company pre-reported March revenues last week, signaling continued strong demand for AI chips and related products.

Stocks ended the week higher after markets reacted to the two-week ceasefire between the U.S., Israel and Iran, and the CPI report. For the week, the Nasdaq, S&P 500, and Dow ended up 4.7%, 3.6%, and 3%, respectively, overshadowing a more restrained Friday session that followed the CPI report. The indexes logged a second-consecutive weekly gain after five weeks in the read. Read Friday’s markets recap here.

Here are some of the most significant events scheduled for the week ahead. TradingView publishes a more exhaustive rundown; clicking that link will take you off the Investopedia site.

• Monday, April 13. Goldman Sachs Group (GS) is slated to release first-quarter results before the bell, followed by a conference call at 9:30 a.m. ET.

• Tuesday, April 14. JPMorgan Chase (JPM) is set to release first-quarter results at 7 a.m. ET and host a conference call at 8:30 a.m. ET.

• Tuesday: Albertsons (ACI) is scheduled to publish fiscal fourth-quarter (ended Feb. 28) results before the bell, followed by a conference call at 8:30 a.m. ET. The grocer has said that consumers are focused on finding value at the supermarket.

• Wednesday, April 15. Bank of America (BAC) is set to release first-quarter results and then address investors at 8:30 a.m. ET.

• Wednesday: ASML, listed in the U.S. with the ticker “ASML”, is slated to discuss its first-quarter results on an 8:00 a.m. ET. conference call. (The Netherlands-based company will hand in its numbers hours earlier.) The chip equipment supplier previously said it expects demand from outside of China to ensure 2026 sales don’t come in below 2025 figures.

• Thursday, April 16. PepsiCo (PEP) is scheduled to release first-quarter results at 6 a.m. ET and host a conference call at 8:15 a.m. ET. This fall, activist investor Elliott Investment Management announced it had a $4 billion stake in Pepsi, which has lowered some prices as part of a new strategy.

• Thursday: Taiwan Semiconductor Manufacturing (TSM) is set to discuss its first-quarter results on a conference call at 2 p.m. ET. In January, the contract chipmaker reported record quarterly numbers and bolstered investors’ confidence in demand for AI chips.