Tech stocks mostly fell in overnight trading with Nvidia, AMD down around 1%. Tesla down 1.86%; Apple down 0.65%. Palantir up 0.5%; Netflix up 3% after earnngs beat.

Three weeks after US President Donald Trump effectively declared a trade war with the whole world, new economic forecasts and surveys will point to the initial fallout.

The International Monetary Fund is set to lower its outlook for economic growth in new projections released on Tuesday.

The following day, purchasing manager indexes from Japan to Europe to the US will offer the first coordinated glimpse of manufacturing and services activity since Trump’s global tariffs — now partly on hold — were unleashed on April 2. Business surveys from major economies are also on the calendar.

The combined picture is set to offer finance ministers and central bankers assembled in Washington a chance to make initial damage assessments on Trump’s attempt to rewire the global trade system.

“Our new growth projections will include notable markdowns, but not recession,” IMF Managing Director Kristalina Georgieva said on Thursday. “We will also see markups to the inflation forecasts for some countries. We will caution that protracted high uncertainty raises the risk of financial-market stress.”

Gold stocks shine with Harmony Gold up 4.8%; Newmont Mining up 3.2%; Barrick Gold up 2.3%.

Crypto shares gained as Bitcoin reaches $86K. CleanSpark, Strategy, MARA up 3%.

Capital One and Discover Financial Services shares both jumped over 7% in overnight trading. U.S. banking regulators said on Friday they approved Capital One's $35.3 billion purchase of Discover Financial Services, paving the way for the combined firms to become the nation's eighth-largest bank.