Vital Signs: Financials Drag Down Profits

On deck: A bevy of first-quarter earnings reports, March new and existing homes sales and durable goods orders, and April consumer sentiment

After the previous week’s blitz of economic reports, the coming week is relatively quiet on the data front. Most market attention will be on first-quarter earnings announcements -- 150 of them for companies in the S&P 500. By the end of the week, investors will have a much better idea of just how hard earnings are getting hit as the economy slides toward recession.

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