Stock market today: Dow, S&P 500, Nasdaq futures rise in search for another bounce-back week
US stock futures rose Sunday, as the major indexes looked for another week of gains toward the end of a rough month and quarter.
Futures attached to the benchmark S&P 500 (
ES=F
) rose 0.7%, with Nasdaq 100 (
NQ=F
) futures up 0.8%. Futures tied to the Dow Jones Industrial Average (
YM=F
) advanced around 0.6%.
Tariffs continue to demand investor attention, as the
April 2 deadline approaches
for President Trump to enact reciprocal duties. Trump indicated on Friday that he is maintaining “flexibility” in relation to the tariffs’ rollout, but he hasn’t given a firm idea of what that would look like.
Other concerns for Wall Street include considerations over whether the year-to-date losses have only been a slowdown blip — or if the economy is heading into a recession.
JPMorgan strategist
Bruch Kasman
, for one, pegs the chance of recession as high as 40%.
On the earnings front, quarterly results from Lululemon (
LULU
), Gamestop (
GME
), and Dollar Tree (
DLTR
) are all due this week amid a slower week of financial releases.
Looking at
economic data for the week to come,
a reading of the Fed’s preferred inflation gauge, the Personal Consumption Expenditures Index, is due Friday. The PCE comes alongside a treading of the University of Michigan’s consumer confidence survey, as well as updates to Purchasing Managers’ Indexes for the manufacturing and services sectors.
Coming soon