1. Global markets mixed ahead of key economic data and earnings this week. 2. First-quarter GDP estimate and jobs data could influence market sentiment. 3. Futures for S&P down 0.2%; potential impact from corporate earnings reports. 4. Dollar strengthens amidst trade war easing hopes and Fed risks reduction. 5. Oil prices rise slightly, but OPEC+ supply concerns persist.
Upcoming corporate earnings from major companies like Apple and Microsoft can sway market sentiment positively. Historically, strong earnings reports have led to upward momentum in S&P 500 performance.
The article forecasts significant near-term economic indicators and corporate earnings that typically dictate market directions, especially for index-heavy stocks in S&P 500.
The approaching release of GDP and jobs data is imminent and will have immediate effects on investor reactions and sentiment. Previous quarters showed rapid market movements following economic data announcements.