The S&P 500 fell 0.07% to 7,403.05 on Monday, marking its second consecutive decline, pressured by weakness in AI-related technology stocks after Seagate warned of supply constraints. Despite this, Wall Street remains near record highs following a strong earnings-driven rally and easing geopolitical tensions after President Trump called off a planned attack on Iran. Investors are now focused on upcoming earnings from Home Depot and pending home sales data for further market direction. Early Tuesday futures indicate a cautious start with a 40% chance of a higher open for the S&P 500.
This week, 611 global companies will report Q1 earnings, with major focus on retail giants like Walmart, Target, Home Depot, and off-price retailers TJX and Ross. Rising inflation, driven by energy prices, has squeezed consumer spending, raising conc...
Nvidia's earnings report this week is highly anticipated, with analysts expecting strong results driven by GPU demand and AI growth, but a beat-and-raise is needed to justify further stock gains. Other major companies like Walmart, Target, and Home D...
Jim Cramer warns that rising bond yields, driven by surging oil prices and geopolitical tensions, could derail the stock market rally and reduce chances of Federal Reserve interest rate cuts. He highlights the need for a stable bond market and lower ...
