Earnings season is starting, with a focus on the impact of tariffs. President Trump’s proposed tariffs include 35% on Canadian goods, 50% on Brazilian products, and threats of tariffs on Mexico and the EU. Futures trading shows investor concern, with Dow Jones down 0.5% and S&P 500 off 0.5%.

Financial institutions are reporting earnings this week, including big names like JPMorgan Chase, Wells Fargo, and Citigroup. The financial sector has seen a 7.9% increase this year, but was hit hard in April due to tariff concerns. The sector is rebounding, with some companies showing strong returns.

The financial sector is closely watching President Trump’s tariff plans and the impact on the economy. The big banks have seen decent gains this year, but property-and-casualty insurers are struggling due to losses from the Los Angeles fires. The market is uncertain about the effects of Trump’s tax bill on financial markets.

Investors are looking for clear economic signals to guide their decisions. Stability and clarity are needed to ease inflation, lower interest rates, and encourage business expansion. Financial companies are hoping for a positive outlook to drive investment and growth opportunities in the market.

Read more at Yahoo Finance: Pay attention to all the tariff talk