Morning Bid: Banks calm the horses

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Morning Bid: Banks calm the horses
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A look at the day ahead in U.S. and global markets from Mike Dolan.

calm the horses, global investors are now concentrated on world growth and earnings signals more than interest rate rises for direction - with an assumption the latter are near an end anyway.

on Friday led other U.S. banking giants in brushing off the March regional bank crisis with first-quarter profit beats that showed larger banks winning out.for first-quarter U.S. results compared with a week ago. State Street and Charles Schwab on Monday kick off a busy earnings week for more big banking names as well as readouts from the likes of Netflix, IBM and Tesla.

Given last week's report of a blowout March for Chinese exports and imports, the risk to those numbers may well be to the upside.

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