More big banks are set to report earnings on Monday, April 18.
Video Transcript
– –as we want to give you a quick look at one of the stocks we’re going to be watching on Monday and particularly as bank earnings are on deck. First and foremost, let’s take a look at XLF. We’re going to be tracking the sector ETF for the S&P 500 financial sector going into some of the biggest bank earnings that are set to come forward as well. We’ve already seen that kick off on this abbreviated trading week. But going into next week, keep a close eye on XLF.
You’re also going to see some earnings come out from other banks. We’ve got a slate of them that are coming forward. And those most notably in the name of Charles Schwab, Bank of America, Bank of New York Mellon as well, as M&T Bank Corporation, and those are just on Monday. And so keep close tabs on those. And particularly as we’re going to be watching to see exactly where they’re signaling, everything from savings that they’re seeing from their customers, those interactions, and then additionally going forward from here with the rising rate environment, what that means for the different consumer products that they all have out on the market as well. So we’ll continue to track all those names going into next week.