US stock futures fall at start of week with key data, earnings

Lisa Pauline Mattackal and Purvi Agarwal

Mon, Apr 28, 2025, 3:20 AM 3 min read

By Lisa Pauline Mattackal and Purvi Agarwal

(Reuters) -U.S. banal scale futures edged little connected Monday arsenic investors headed into a week packed with cardinal economical information and net from immoderate of Wall Street's biggest companies, portion the Trump administration's commercialized argumentation developments remained successful focus.

The 3 main indexes ended Friday with play gains, portion the small-cap Russell 2000 marked its champion week since November arsenic signs emerged that the U.S. and China could beryllium consenting to de-escalate commercialized tensions.

However, competing claims connected the authorities of negotiations from Beijing and U.S. President Donald Trump highlighted the uncertainties facing investors arsenic they effort to navigate Trump's disruption of satellite trade.

"Even though enactment connected aggregate bilateral commercialized deals is continuing and immoderate rapprochement betwixt China and the U.S. is expected, precocious uncertainty remains," said Susannah Streeter, caput of wealth and markets, Hargreaves Lansdown.

The upcoming week volition spot 180 S&P 500 companies study quarterly results, with the spotlight connected "Magnificent Seven" megacaps Apple, Microsoft, Amazon and Meta Platforms.

Earnings play has truthful acold has been somewhat upbeat, with S&P 500 net present expected to ascent 9.7% successful the archetypal 4th from a twelvemonth ago, higher than an April 1 estimation for an 8% gain, according to LSEG IBES.

Of the 179 companies successful the S&P 500 that person reported net to day for the archetypal quarter, 72.6% person reported net supra expert expectations, according to estimates compiled by LSEG.

However, galore companies person flagged the uncertainty caused by the changing stance connected tariffs, with some, including Procter & Gamble, cutting yearly forecasts, and others specified arsenic American Airlines pulling their yearly nett outlook entirely.

A bulk of economists polled by Reuters said the risks of the planetary system slipping into recession this twelvemonth were high, with galore pointing to Trump's tariffs arsenic damaging to concern sentiment.

Crucial economical data, astir notably monthly U.S. payrolls data, gross home merchandise information and the idiosyncratic depletion expenditures terms index, volition besides beryllium keenly watched for signals connected however caller tariffs are impacting economical growth, ostentation and the labour market.

At 6:55 a.m. ET, Dow E-minis were down 88 points, oregon 0.22%, S&P 500 E-minis were down 17.75 points, oregon 0.32%, and Nasdaq 100 E-minis were down 61.5 points, oregon 0.31%.

The week besides marks 100 days since U.S. President Donald Trump took office. An archetypal rally successful equities aft his election, connected hopes for much pro-business policies and deregulation, has waned.