Anticipation for major earnings and economic data leads to potential market volatility storm

From Yahoo Finance: 2025-04-29 06:32:00

U.S. stock futures rose Tuesday morning as investors await upcoming earnings reports and seek market clarity. Treasury Secretary Bessent stated China must de-escalate trade tensions. India could be the first to sign a trade deal. Earnings week for Wall Street with Microsoft, Meta Platforms, Apple, and Amazon reporting.

Investors await results from Visa, Coca-Cola, Novartis, AstraZeneca, and Pfizer. U.S. 10-Year Treasuries at 4.23%, 2-Year at 3.70%. CME Group’s FedWatch tool shows a 91.1% likelihood of unchanged interest rates during FOMC meeting in May.

S&P 500 Trust ETF up 0.04%, QQQ Trust down 0.03%. S&P 500 sectors mostly green on Monday. Waste Management, Domino’s Pizza, and NXP Semiconductors reported mixed earnings. Nasdaq 100 down 12.6%, S&P 500 down 10%, Dow Jones down 10.75% from highs.

Analysts anticipate volatile week with mega-cap earnings releases. Eric Daniel predicts market volatility storm due to earnings, economic data, and FOMC meeting. Advanced trade balance, retail inventories, wholesale inventories, Case-Shiller home price index, Consumer Confidence Report, and Job Openings Report to be released.

Visa, Coca-Cola, AstraZeneca, Pfizer, and Honeywell to release earnings. Crude oil down 1.10%, gold down trading at $3,313 per ounce. U.S. Dollar Index up 0.26%. Asian markets up except Chinese benchmarks. Nikkei, Kospi, Nifty 50 in green. Australia’s ASX 200 up, NZX 50 down.



Read more at Yahoo Finance: Expert Warns Of ‘Perfect Volatility Storm’ With Major Earnings And Economic Data Due This Week