Heard on the Street Recap: Forget the Fed (For Now)

Investors are still pleased with the recent jobs report and are looking forward to the next inflation report. With no significant economic news due out, attention is now on earnings. This week marks the end of first-quarter earnings, with several S&P 500 companies set to release results. Companies have been beating estimates and providing positive guidance, which could support the market. Analysts have even been raising second-quarter estimates instead of lowering them, as is typical during earnings season.