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Markets Brace for Earnings Amid Shutdown and Inflation Watch

1/11/2026

40 3 Full Breakdown

Summary

Story summary

U.S. markets enter a week as the fourth-quarter earnings season begins and some reports are delayed due to a government shutdown.
Inflation data for December, the Producer Price Index, and retail sales will be closely watched.
JPMorgan Chase & Co. and Bank of America Corp. are set to report earnings, expected to be up 7% from last year, as investors weigh inflation and Federal Reserve rate cuts amid geopolitical tensions.

History

Historical Context

The U.S. government shutdown on October 1, 2013, resulted from a budget impasse over the Affordable Care Act, leading to the furlough of 800,000 federal employees and an estimated $24 billion loss to the economy. Similar concerns arise today as a potential shutdown threatens to delay earnings reports from major banks, highlighting the ongoing impact of political decisions on economic stability and investor confidence.

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Story summary

U.S. markets enter a week as the fourth-quarter earnings season begins and some reports are delayed due to a government shutdown.
Inflation data for December, the Producer Price Index, and retail sales will be closely watched.
JPMorgan Chase & Co. and Bank of America Corp. are set to report earnings, expected to be up 7% from last year, as investors weigh inflation and Federal Reserve rate cuts amid geopolitical tensions.

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