Also, big banks are slated to report their earnings this week for the quarter ending March 2023, during which the ugly banking turmoil escalated.
Traders remain uncertain about the Federal Reserve’s interest rate decision at the upcoming FOMC meeting in May 2023.
The latest results will reveal the impact of unrealized gains/losses on the bank’s earnings and the extent of risky assets sitting on their balance sheets.
Meanwhile, European indices opened today after the four-day Easter weekend.