Fiscal first quarter earnings will continue to make headlines this week, giving investors a pulse of the U.S. corporate recovery. Banks, industrials and consumer goods stocks are all strongly represented in this week’s earnings report.
Market participants will also be keeping a close watch on the economic calendar in anticipation of U.S. first-quarter gross domestic product (GDP). The March quarter is traditionally weak from a growth perspective due to calculation issues the government is trying to resolve.
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