US Stock Futures Edge Higher Tuesday: Expert Warns Of 'Perfect Volatility Storm' With Major Earnings And Economic Data Due This Week

1 month ago 13

Vishaal Sanjay

Tue, Apr 29, 2025, 3:32 AM 5 min read

Things haven’t moved each that overmuch connected the commercialized and tariffs front, with Treasury Secretary Scott Bessent simply stating connected Monday that it was up to China to “de-escalate” commercialized tensions. Bessent besides hinted astatine a imaginable commercialized woody with India, saying that “it would beryllium 1 of the archetypal deals we would sign,” which investors volition beryllium watching closely.

This is acceptable to beryllium a packed net week for Wall Street, with 4 of the “Mag 7″— Microsoft (NASDAQ:MSFT), Meta Platforms (NASDAQ:META), Apple (NASDAQ:AAPL), and Amazon (NASDAQ:AMZN), acceptable to merchandise their quarterly results implicit the adjacent mates of days.

On Tuesday, investors volition beryllium intimately watching the results of respective heavy-hitters, specified arsenic Visa Inc. (NYSE:V), Coca-Cola Co. (NYSE:KO), Novartis AG (NYSE:NVS), AstraZeneca PLC (NASDAQ: AZN), and Pfizer Inc. (NYSE:PFE).

U.S. 10-Year Treasuries are astatine 4.23%, portion the 2-Year Treasuries are astatine 3.70%. The CME Group's FedWatch tool shows the markets pricing a 91.1% likelihood of involvement rates remaining unchanged during the FOMC meeting, the archetypal week of May, marking a diminution from Friday past week, astatine 95.3%, and Monday astatine 93.1%

Futures	Change (+/-)
Dow Jones	0.28%
S&P 500	0.20%
Nasdaq 100	0.21%
Russell 2000	0.19%

The SPDR S&P 500 Trust ETF (NYSE:SPY) was up 0.04% connected Monday, portion the Invesco QQQ Trust (NASDAQ:QQQ), which tracks the Nasdaq-100 Index was down 0.03%, according to Benzinga Pro data.

Cues From Last Session:

Almost each S&P 500 sectors closed successful the greenish connected Monday, barring user staples and technology. While the scale was up conscionable 0.06%, it marked its fifth-straight winning day. There was nary economical information released during the day, conscionable a fewer net releases, which were mixed.

Waste Management Inc. (NYSE:WM), Domino's Pizza Inc. (NASDAQ:DPZ), and NXP Semiconductors N.V. (NASDAQ:NXPI) were fewer of the companies that reported Monday, with astir of them being a mixed bag, with hits and misses crossed statement estimates.

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As of Monday, the Nasdaq 100 is down 12.6% from its precocious of 22,222.61 points, the S&P 500 is down 10% from 6147.43 points, and the Dow Jones Industrial Average is down 10.75% from 45,073.63 points.