Wall Street looks in the mirror next week as earnings season kicks off with the big banks releasing their results.
On Tuesday, investors will hear from JPMorgan Chase, Citigroup and Wells Fargo. Falling interest rates in the latest quarter may cause the biggest banks to report a 1.2% decline in earnings. That would mark the first profit drop in three years. Bank of America goes to bat on Wednesday, followed by Morgan Stanley on Thursday.
On Wednesday, Netflix releases its earnings after the bell. Look for the streaming giant to rebound from the subscriber loss it posted in the U.S. in the last quarter. Investors have been honing in on its slowing subscriber growth and rising costs as it gets set to take on new streaming services from Walt Disney and Apple.
On the economic front, the Commerce Department reports retail sales Wednesday. Expect sales to rise 0.3% in September, slowing a tad from the gain in August.