Stock futures are on the rise slightly on Monday as investors gear up for a busy week of tech earnings reports. The Nasdaq futures are up 0.2%, indicating a positive start to the week for tech stocks.
This week is expected to be a loaded one for tech earnings, with major companies like Apple, Microsoft, Facebook, and Google parent Alphabet all set to report their quarterly results. These tech giants have been driving the market higher in recent months, so investors will be closely watching their earnings to see if they can continue to deliver strong growth.
Investors will also be keeping an eye on economic data releases this week, including the latest reading on consumer confidence and the Federal Reserve’s decision on interest rates. The Fed is expected to keep rates unchanged, but any hints of future rate hikes could move the market.
In addition to earnings and economic data, investors will be watching developments on the geopolitical front, with tensions between the US and China still simmering. Any escalation in the trade war could impact market sentiment and drive volatility.
Overall, the market is expected to remain volatile this week as investors digest a deluge of earnings reports and economic data. However, the positive trend in stock futures on Monday suggests that investors are cautiously optimistic about the outlook for tech stocks.
Stay tuned for live updates on tech earnings and market developments throughout the week. It’s shaping up to be an eventful one for investors.