War headlines continue to move markets—sometimes, a lot. But investors will also watch for movement on inflation and earnings in the days ahead.

President Donald Trump over the weekend said he plans to hold a press conference with members of the military at the Oval Office Monday afternoon, as a self-imposed deadline to reopen the Strait of Hormuz looms.

This week, investors will also be tracking Friday’s Consumer Price Index report for March, a closely followed inflation reading. Economists expect that prices rose 0.9% from a month earlier, according to a consensus compiled by Wells Fargo, and 3.4% year-over-year. Prices rose 2.4% in February from a year earlier, the same as in January and in line with expectations; that report didn’t measure the effects of the conflict in Iran, but this one will.

It follows Thursday’s release of Personal Consumption Expenditures data, another inflation measure seen as vital to the Federal Reserve’s planning of interest-rate policy; this one will reflect older information, from February. (Wells Fargo's consensus is for an 0.4% month-on-month increase, and a 2.8% year-over-year-rise.) Traders generally expect the central bank to stay pat when it next meets at the end of the month.

Meanwhile, here come earnings reports! Several notable results are expected this week, including some that reflect consumer trends in Delta Air Lines and liquor maker Constellation Brands. (Companies are also watching war headlines closely, since the cost of fuel can have a big effect on their profits—and their prices.) Wall Street analysts broadly expect another quarter of double-digit earnings growth for the benchmark S&P 500.

Stocks finished last week higher, at times moving dramatically as investors digested statements from the U.S. and Iran, along with events on the ground and in the water in the Middle East, about movement toward—or away from—a resolution of the war. All three major indexes ended five-week skids, finishing up at least 3% across the board. (Traders took a break last week for Good Friday, but things return to normal Monday.)

Here’s our rundown of some of the notable events ahead. A more detailed calendar is available from TradingView here. (That link will take you off the Investopedia site.)

Monday, April 6. Trump is set to hold a press conference at the Oval Office at 1 p.m. ET.

Tuesday, April 7. Chicago Fed President Austan Goolsbee is set to take part in a live-streamed Q&A in Detroit scheduled to start at 12:35 p.m. ET. Some Fed officials in recent appearances have warned that the war could affect inflation and the job market.

Wednesday, April 8: Delta Air Lines (DAL) is set to report its latest quarterly financial results before the opening bell, followed by a conference call at 10 a.m. ET. In January, concerns about its forecast weighed on airline shares. FactSet research indicates that Wall Street projects earnings growth of more than 13% for the S&P 500 as a whole.

Wednesday: Minutes of the Fed’s March meeting are set for release at 2 p.m. ET. Investors use this report to inform predictions about what might be next for rates, with the central bank's next meeting later this month.

Wednesday: Constellation Brands (STZ), known for Modelo beer and High West whiskey among others, will report fiscal fourth-quarter (ended Feb. 28) results after the close, with a conference call the following morning. The report should have something to say about consumer spending and sentiment as well as what people are, and aren’t, drinking these days.

Thursday, April 9: PCE report for February.

Friday, April 10: CPI report for March, 8:30 a.m. ET.

Diccon Hyatt explained why the Fed’s tools for fighting inflation might not work in the current environment. Peter Gratton dissected some of the ways the war hits Americans in the pocketbook. And just in case you missed it, here are Investopedia’s roundups of the first-quarter action in stocks, crypto and gold–as well as takes on what might be next.

This article has been updated since it was first published to include reference to Trump's press conference.

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