Pre-Market Futures Up Ahead of a Busy Week

From Nasdaq: 2024-04-29 10:21:00

This week is packed with market-moving events, including earnings reports from over 1200 companies, the FOMC meeting, and key economic data releases. Despite strong economic prints, interest rates are expected to remain unchanged. Companies like Domino’s Pizza and On Semiconductor beat earnings estimates, while JinkoSolar and SoFi also reported positive results.

Looking ahead, earnings reports from Amazon and Apple are highly anticipated, as are reports from NXP Semiconductor and Yum China. Data releases this week include the Case-Shiller home prices survey, ISM Services and Manufacturing reports, Trade Deficit figures, and Productivity/Unit Labor Costs, providing additional insights into the economy. Investors are eager to assess how the economy is progressing and whether a Fed rate cut is likely.

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