Why earnings season could test the stock market rally

The Federal Reserve's monetary policy path remains uncertain, as markets have had to revise their expectations for three anticipated rate cuts following the hotter-than-expected March CPI report. Adding to the uncertainty, the latest PPI data arrived in line with expectations.
As markets grapple with the implications of this shifting economic landscape, attention is now turning to the upcoming first quarter earnings season. Investors are closely watching to see how corporate performance and outlooks will affect market sentiment, and whether earnings can serve as a catalyst to rally the markets.
Yahoo Finance's Josh Schafer breaks down the details.
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