US stock futures climbed early Monday, indicating a possible rebound after late last week. Going forward, investors will focus on some key economic data and corporate revenue reports scheduled for this week. Futures for the Nasdaq 100 (NDX), Dow Jones Industrial Average (DJIA), and S&P 500 (SPX) increased by 0.31%, 0.47%, and 0.4%, respectively.
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The previous week saw significant losses across key indicators. Dow Jones witnessed its worst weekly performance since October 25th, down 2.5%. The S&P 500 and Nasdaq Composite (NDAQ) also fell by 1.7% and 2.5%, respectively. These declines were supported by new concerns about US economic growth.
Consumer trust data is scheduled to be released on Tuesday in this week’s economic calendar. Additionally, the Personal Consumption Expense (PCE) Index, the Federal Reserve’s preferred inflation gauge, will be released on Friday. These reports provide insight into the January inflation pathway and the Fed’s monetary policy decisions.
On the company side, several companies have reported revenue reports such as Salesforce (CRM), Lowe (Low), Home Depot (HD), Lucid Group (LCID), Snowflake (Snow), eBay (eBay), Warner Bros. Discovery release. (WBD), and Stellantis (STLA).
Additionally, AI giant Nvidia (NVDA) will release its fourth quarter results on Wednesday. Investors will watch a detailed report on the impact of the recent emergence of Chinese AI startup Deepseek, which raised questions about the long-term outlook for AI companies.
Meanwhile, the US 10-year financial yield rose, rising to nearly 4.445%. At the same time, WTI crude futures tend to be low, hovering at nearly $70.30 per barrel at the last check.
Elsewhere, the European index is expected to open higher on Monday as investors digest the outcome of the German general election. Traders are optimistic that the new government will increase spending to address economic challenges.
Asia-Pacific market fell on Monday
The Asia-Pacific indicators are now red today as investors assessed Beijing’s 2025 plan of action to attract foreign investment. Also, attention has been raised as traders await important US data, including PCE reports and estimates of GDP growth.
In particular, Hong Kong’s Hang Seng Index fell by 0.45%. Furthermore, the indexes of China’s Shanghai Composite and Shenzhen Components decreased by 0.18% and 0.08%, respectively.
Investors should note that the Japanese market was closed today in compliance with the emperor’s birthday.
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