From Nasdaq:

U.S., UK and European stock market updates are available on Reuters live blog. Dow futures are down 0.05%, S&P futures are up 0.07%, and Nasdaq futures are up 0.23%. Traders are preparing for key inflation reports and earnings from major lenders this week, with tech stocks gaining as Treasury yields dip.

Investors are cautious as they assess the monetary policy path after conflicting economic data and mixed signals from the Federal Reserve. Optimism about interest rate cuts drove the 2023 rally. Megacap stocks have been volatile in 2024, with Amazon, Tesla, Nvidia, and AMD gaining in premarket trading as Treasury yields dropped.

Focus remains on upcoming consumer and producer inflation reports, which could influence the Fed’s policy. Markets have scaled back expectations of Fed rate cuts in March. December profits are expected to drop for banking giants JPMorgan Chase and Bank of America as they set money aside to cover bad loans and deposit payouts.

Market futures show Dow down 0.05%, S&P up 0.07%, and Nasdaq up 0.23%. Cryptocurrency stocks fell after a fake message about ETF approval from the U.S. securities regulator. Boeing stocks rebounded after an acknowledgment of errors by CEO Dave Calhoun. Dow Inc slipped as Deutsche Bank downgraded the firm, and New York Fed President John Williams’ remarks will be closely watched.

For more information, visit Reuters live blog for real-time updates. The author of this news article is Johann M Cherian. The expressed views and opinions are those of the author and do not necessarily reflect those of Nasdaq, Inc.



Read more: US STOCKS-S&P 500, Dow futures muted; inflation data, lenders’ earnings in focus