Market Insider

Stocks may be challenged by momentum drop as earnings start

Next week in earnings: Domm

After Friday's momentum meltdown, traders are watching to see if once high-flying Internet, social media and biotech names can stabilize in the week ahead or whether they will ensnare the broader market in a bigger downdraft.

Just a few earnings are expected as the first-quarter reporting season kicks off, including Alcoa on Tuesday and JPMorgan and Wells Fargo on Friday.

There is a flurry of economic data, including U.S. trade Wednesday; jobless claims Thursday; and producer inflation data Friday. Chinese trade data are also reported Thursday and inflation data are released Friday. Minutes from the last Fed meeting are expected Wednesday, and there are a number of Fed speakers throughout the week.