When the Dow Jones futures open on Sunday evening, investors will also have the opportunity to trade S&P 500 and Nasdaq futures, setting the tone for the coming week. Inflation data is expected to be a major focus in the upcoming days.
Last week’s stock market rally saw significant movement in key indexes, approaching record highs or 52-week highs. Companies like Nvidia, Taiwan Semiconductor, JPMorgan Chase, and Martin Marietta made notable gains, while Tesla faced challenges.
Earnings reports to watch this week include Walmart, Applied Materials, Sea, and Alibaba, along with a keen eye on inflation reports like the producer price index and consumer price index. The ongoing trend of rising inflation could impact future rate cuts by the Fed.
Stocks like Taiwan Semiconductor, Nvidia, and Martin Marietta are performing well and are worth keeping an eye on. The market rally continues with a broad range of sectors showing strength.
With a focus on economic reports and market trends, investors should remain cautious and consider gradually adding to their positions in line with the market’s performance. Reviewing holdings and monitoring the market direction is critical for a successful investment strategy. Stay informed with daily updates on market direction and leading stocks.
