CABRERA: This week, Wall Street is abuzz as major companies release their second-quarter earnings reports. And we may finally hear if the escalating trade war and tariffs are hurting business. Alison Kosik has more. Alison?</s>ALISON KOSIK, CNN GENERAL ASSIGNMENT CORRESPONDENT: Hi, Ana. Investors will listen for market-moving developments out of the Trump- Putin summit, but the real action on Wall Street is corporate earnings. This week, a flood of companies begin delivering their second-quarter results. Wall Street expects pretty solid numbers. S&P 500 companies are forecast to post earnings growth of 20 percent from a year ago. That's down slightly from the first quarter. The real question, though, will we hear companies talk about tariffs hurting their business? Mohamed El-Erian, chief advisor at Allianz, predicts rising costs will be a common concern for corporate America.</s>MOHAMED EL-ERIAN, CHIEF ECONOMIC ADVISOR, ALLIANZ: I think you're going to hear people talk about higher input prices. What you're not going to hear yet is people say that final demand has been hit, and that's key.</s>KOSIK: And if trade tensions keep escalating, demand could slow as prices rise. And that's what Wall Street is really concerned about. In New York, I'm Alison Kosik.</s>CABRERA: Good Sunday evening in America. Of course, it is now early in the morning in Helsinki. We want to welcome our viewers in the United States and around the world. I'm Ana Cabrera in New York. This is CNN's special coverage of the upcoming summit between President Trump and Russian President Vladimir Putin. My colleague, Wolf Blitzer, is live in Helsinki, Finland for us. President Trump arrived there just a short time ago. Wolf, take it away.</s>BLITZER: Ana, thank you very much. I'm here at the Allas Sea Pool. Behind me, you can Finland's presidential palace.
Wall Street Eyes Summit as Q2 Earnings Reports Released.