First-quarter corporate earnings kick into high gear this week with some of the biggest U.S. banks and the leading streaming company slated to report. More than 35 S & P 500 companies are on deck to post their latest quarterly figures, including Goldman Sachs, Bank of America and Morgan Stanley. Netflix is waiting in the wings. The reporting period got off to a rough start on Friday.
This quarter: Analysts polled by LSEG expect slight earnings and revenue declines on a year-over-year basis. What CNBC is watching: Morgan Stanley took a hit last week, losing more than 6% after The Wall Street Journal reported multiple regulators were investigating how the company's wealth management division checks clients at risk of money laundering. Investors will look for updates on that, as well as how the bank will navigate the changing interest rate environment.
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