Maria Aspin
👤 SpeakerAppearances Over Time
Podcast Appearances
JPMorgan Chase and other big banks say their customers are feeling fine and continuing to spend money.
And by the end of last week, the benchmark S&P 500 and the tech-heavy Nasdaq had hit new highs.
But this week will bring many more corporate report cards and a fuller picture of how corporate America is doing.
The struggling insurance giant UnitedHealth Group is due to face investors, as is United Airlines and Elon Musk's Tesla.
Goldman Sachs, JPMorgan Chase, and other big banks will report results from the last three months, giving investors a window into the economic fallout from the war in Iran and the resulting energy crisis.
Surging oil prices have pushed up costs for both companies and consumers, and banks like JPMorgan do business with both.
It's due to report earnings days after Delta, the country's largest airline, reported its first quarterly loss in nearly three years due to the soaring cost of jet fuel.
The airline is raising prices and cutting flights, but said customers are still buying tickets.
Investors will get a lot of big business updates this week.
Netflix and Pepsi are among the other companies reporting earnings.
The war in Iran and the resulting energy crisis has had investors swinging from panic to relief and back again.
Stocks had their best day of 2026 on Wednesday.
as investors hoped President Trump would do more to end the war.
But then his address to the nation that evening left room for doubt and sparked another, if temporary, sell-off.
The war has already sent oil prices soaring and damaged some of the refineries and other infrastructure needed to produce more.
Consumers are paying more at the gas pump.
while companies are paying more for shipping and trucking.
The longer the war continues, the longer this oil shock risks fueling inflation and wider economic damage.