Bank earnings loom large as stocks near record

The focus on Wall Street will shift to corporate earnings next week after a strong June jobs report on Friday gave investors confidence that the U.S. economy was on stable footing and left the S&P 500 within a whisper of a new closing record high. Earnings next week are expected from big banks JPMorgan Chase , Citigroup and Wells Fargo as well as other financial companies such as BlackRock and PNC Financial Services . If bank earnings come in better than expected, the S&P 500 is likely t