Beyond earnings, investors remain concerned about slowing global growth, rising inflation and the Federal Reserve's monetary tightening.in the first quarter by 1.4% from the previous year, compared to the 1% growth expected by economists surveyed by Dow Jones.
On Friday investors will look for fresh data on personal consumption expenditures . Core PCE is the Federal Reserve's primary inflation gauge. The University of Michigan's consumer sentiment index is also due out at 10 am ET. Friday will bring a quieter day of earnings to end the week. Honeywell, Bristol-Myers Squibb are on deck before the bell. Energy companies Exxon Mobil, Chevron and Phillips 66 will also report.
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