Earnings Season Kickoff with Levi Strauss and Delta Air Lines

This week marks the beginning of the first-quarter earnings season, with Levi Strauss & Co. and Delta Air Lines leading the charge. Investors are keenly awaiting these results to gauge the early effects of the Trump administration's recent tariff announcements on corporate performance.

Levi Strauss and Delta Air Lines in the Spotlight

Levi Strauss is set to report after Monday's market close, with analysts forecasting a 7.7% annual rise in earnings to $0.28 per share, despite a slight revenue dip to $1.54 billion. Delta Air Lines follows on Wednesday, expected to post adjusted EPS of $0.41, slightly down from last year, with revenues nudging up 1% to $13.90 billion.

Big Banks Take Center Stage on Friday

The financial sector will dominate Friday's announcements, with BlackRock, JPMorgan, Wells Fargo, and Morgan Stanley all disclosing their first-quarter results pre-market. Morgan Stanley is anticipated to show a significant 14.9% yearly profit increase to $2.32 per share, whereas Wells Fargo might see a decline to $1.22 EPS.