U.S. stock futures rose slightly on Sunday evening following a week where major indices experienced a downturn, with the Dow recording its steepest weekly decline since October, raising concerns about a potential correction after reaching record highs.
Futures for the Nasdaq (NQ=F) saw an increase of approximately 0.4%. Similarly, S&P 500 (ES=F) futures rose by 0.4%, while Dow Jones Industrial Average (YM=F) futures edged up by 0.3%.
As of 9:02:02 PM EST. Market Open.
NQ=F YM=F ES=F
This week’s key events include the January report for the Personal Consumption Expenditure (PCE) index scheduled for Friday, which is the Federal Reserve’s preferred inflation measure.
In the meantime, earnings reports continue, with Nvidia (NVDA) taking center stage as it is set to release its figures on Wednesday after market close. Wall Street holds high earnings expectations following a challenging month for the AI stock darling, impacted by news from Chinese competitor DeepSeek.
Additionally, the upcoming week is expected to be influenced by potential market reactions to President Donald Trump’s unpredictable policy decisions. Rapid changes in tariffs have driven investor behavior throughout February, though some economists believe that modifications in immigration policy could also play a significant role in the near future.
“While investors are currently focused on the developments regarding tariffs, we believe that immigration policy should receive greater attention. The broader impacts of immigration restrictions could be equally significant,” stated Michael Gapen, chief U.S. economist at Morgan Stanley, in a note to clients, as reported by Yahoo Finance’s Josh Schafer.
Other earnings reports expected this week include updates from Lowe’s (LOW), Home Depot (HD), and Salesforce (CRM).
In terms of macroeconomic indicators, reports regarding U.S. GDP, the housing market, and consumer confidence are anticipated this week.
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