S&P 500 Futures Rise as Big Banks Set to Kick Off Earnings Season: Live Updates
Investors are looking ahead to a busy week of earnings results from the big banks and inflation data.
TL;DR
- S&P 500 futures climbed, signaling a positive start to the trading week.
- Major US averages posted gains last week, with tech stocks leading the rally.
- Investors are focused on upcoming earnings from big banks and inflation data.
- Asian markets were mixed, with some indexes rising and others falling.
- European stocks were expected to open higher.
- Oil prices decreased following an announcement of an 'energy ceasefire' between Russia and Ukraine.
- President Trump is considering U.S. involvement in the conflict in Yemen.
- Third-quarter earnings are expected to be strong, with S&P 500 companies projected to report significant earnings growth.
- Key inflation data, including the consumer and producer price indexes, is due this week.
- The South Korean won strengthened against the U.S. dollar.
- Thailand plans to narrow its budget deficit and utilize private investment for growth.
- Foxconn shares fell after the U.S. launched a patent infringement probe.