U.S. stock futures rose Tuesday morning as investors looked ahead to upcoming earnings reports and awaited greater market clarity throughout the week.
Things haven’t moved all that much on the trade and tariffs front, with Treasury Secretary Scott Bessent merely stating on Monday that it was up to China to “de-escalate” trade tensions. Bessent also hinted at a potential trade deal with India, saying that “it would be one of the first deals we would sign,” which investors will be watching closely.
This is set to be a packed earnings week for Wall Street, with four of the “Mag 7″— Microsoft (NASDAQ:MSFT), Meta Platforms (NASDAQ:META), Apple (NASDAQ:AAPL), and Amazon (NASDAQ:AMZN), set to release their quarterly results over the next couple of days.
On Tuesday, investors will be closely watching the results of several heavy-hitters, such as 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 at 4.23%, while the 2-Year Treasuries are at 3.70%. The CME Group's FedWatch tool shows the markets pricing a 91.1% likelihood of interest rates remaining unchanged during the FOMC meeting, the first week of May, marking a decline from Friday last week, at 95.3%, and Monday at 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% on Monday, while 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 all S&P 500 sectors closed in the green on Monday, barring consumer staples and technology. While the index was up just 0.06%, it marked its fifth-straight winning day. There was no economic data released during the day, just a few earnings releases, which were mixed.
Waste Management Inc. (NYSE:WM), Domino's Pizza Inc. (NASDAQ:DPZ), and NXP Semiconductors N.V. (NASDAQ:NXPI) were few of the companies that reported Monday, with most of them being a mixed bag, with hits and misses across consensus estimates.
See Also: Fortress Palantir: Former Insider Explains How PLTR Could Conquer The AI-Defense Battlefield Despite Pricing Puzzles And Competition
As of Monday, the Nasdaq 100 is down 12.6% from its high 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.
Index | Performance (+/-) | Value |
Nasdaq Composite | -0.09% | 17,366.13 |
S&P 500 | 0.06% | 5,528.75 |
Dow Jones | 0.28% | 40,227.59 |
Russell 2000 | 0.41% | 1,965.55 |
Insights From Analysts:
According to analysts at Charles Schwab (NYSE:SCHW), the outlook for the week is being described as “Volatile,” given the several mega-cap earnings that are scheduled to be released this week, alongside volatility-inducing economic data, such as the Monthly Jobs Report, Jobless Claims, and more.
Trader and mentor at UIFCA, Eric Daniel, has posted on X that the markets are approaching the perfect volatility storm, in part due to the reasons stated above, alongside the Federal Reserve FOMC meeting on the 6th and 7th of May.
Market approaching the perfect volatility storm:
Fed meeting
Big tech earnings
Jobs report Friday
Pre-market action suggests caution.
My approach: Reduced position sizes, defined risk strategies, patience for premium opportunities.
Discipline > Prediction this week.— Eric Daniel (@EricDaniel_NYC) April 28, 2025
Upcoming Economic Data:
Here’s what investors will be monitoring on Tuesday,
Stocks In Focus:
Commodities, Gold And Global Equity Markets:
Crude oil futures continue to decline, down 1.10% during the early New York session, trading at $61.37 per barrel. Gold Spot U.S. Dollar is down 0.66%, trading at $3,313 per ounce, down from record high levels of $3.400 per ounce this time last week.
The U.S. Dollar Index (DXY) is up 0.26%, trading at 99.26 against a basket of other currencies.
Asian markets are up on Tuesday, with the Nikkei, Kospi, and the Nifty 50, all in the green, barring the Chinese benchmarks that continue to decline. Australia’s ASX 200 is up, while New Zealand’s NZX 50 is down during the day.
Read Next:
Photo courtesy: Frontpage / Shutterstock.com
UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets.
Get the latest stock analysis from Benzinga?
This article US Stock Futures Edge Higher Tuesday: Expert Warns Of 'Perfect Volatility Storm' With Major Earnings And Economic Data Due This Week originally appeared on Benzinga.com
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.