Wall Street Week Ahead: Investors to grapple with packed week of earnings, CPI, Iran headlines

Wall Street faces a pivotal week with Q2 earnings season kicking off led by JPMorgan Chase and Goldman Sachs, alongside a closely watched US CPI inflation print for June and renewed geopolitical tensions involving Iran that pushed Brent crude to about USD 76 per barrel. S&P 500 earnings are projected to grow around 23.7 percent year-on-year, but hotter inflation data could lift rate hike odds from the Federal Reserve under its new Chair Kevin Warsh. A pullback in oil prices may ease pressure on global central banks, though investors remain cautious about strategic positioning amid fluid Middle East developments.