The stock market faces next test as inflation looms over earnings season

The S&P 500 has fallen 18% in 2022, even after rallying 3% to start July. (Photo: AP) — The S&P 500 has fallen 18% in 2022, even after rallying 3% to start July. (Photo: AP)

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4 min read . Updated: 10 Jul 2022, 05:15 PM IST Hannah Miao, The Wall Street Journal

Quarterly reports begin this week with financial companies; some investors see corporate-profit forecasts as too optimistic

Investors expect concerns about hot inflation and strapped consumers to dominate the corporate-earnings season that kicks off this week, creating winners and losers in the battered stock market.