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Earnings up next for markets with Fed believed to be still aiming for December

Pisani: Sideways today is a victory compared to yesterday

Stocks should start taking cues from earnings season now that Wednesday's Fed minutes are out of the way and reaffirm Wall Street's view that the central bank could raise rates at its December meeting.

There are just a few earnings reports Thursday with Delta Air Lines, First Republic Bank, Winnebago, Marriott Vacations and Unilever in the morning. But Friday brings on the releases from major banks — Citigroup, JPMorgan and Wells Fargo, and financial stocks have been rising ahead of those results. Earnings season gets into full swing next week when dozens of S&P 500 companies report.

"Earnings are especially important now because of the valuations in the market. Earnings are crucial. You can only go so long without growth," said Quincy Krosby, market strategist at Prudential Financial.