U.S. Stock Markets drop in early trading. Investors brace for earnings data
Stock futures fell early on Monday morning ahead of a busy earnings week in wall street.
Dow Jones Industrial Average futures dropped 0.42%, S&P 500 futures fell 0.54%, and Nasdaq 100 futures declined 0.63%.
Many big companies will report their earnings this week, including tech giants Amazon, Apple, Meta, and Microsoft. Markets have been volatile so far this month following President Trump’s tariff announcements and policy uncertainties.
The S&P 500 is down 1.5% in April, the Dow down 4.5%, and the Nasdaq up 0.5%. Despite recovering from a brief bear market drop, the S&P 500 remains below key resistance levels.
Asian markets start the week with mixed performance
Major indices in Asia showed mixed performance this morning: China’s CSI 300 and Hong Kong’s Hang Seng Index remained flat, Japan’s Nikkei 225 rose 0.37%, South Korea’s Kospi gained 0.13%, and Australia’s S&P/ASX 200 increased 0.65%.
Inflation numbers from Australia and employment data from the U.S.
Traders and investors are waiting major economic data this week. Consumer Price Index in Australia is scheduled on Wednesday along with GDP numbers in Canada. However, traders’ attention is probably going towards Personal Consumption Expenditure numbers (PCE) from the US on Wednesday as well.
Employment numbers from the US are coming on Friday with Non-Farm Payroll, unemployment rate, and average hourly earnings.
Tags
Open Live Account
Please enter a valid country
No results found
No results found
Please enter a valid email
Please enter a valid verification code
1. 8-16 characters + numbers (0-9) 2. blend of letters (A-Z, a-z) 3. special characters (e.g, !a#S%^&)
Please enter the correct format
Please tick the checkbox to proceed
Please tick the checkbox to proceed
Important Notice
STARTRADER does not accept any applications from Australian residents.
To comply with regulatory requirements, clicking the button will redirect you to the STARTRADER website operated by STARTRADER PRIME GLOBAL PTY LTD (ABN 65 156 005 668), an authorized Australian Financial Services Licence holder (AFSL no. 421210) regulated by the Australian Securities and Investments Commission.
CONTINUEError! Please try again.