1. S&P futures rose 1.0% amid optimism on trade deals. 2. The dollar hit a two-week high as trade tensions ease. 3. U.S. GDP showed contraction for the first time since 2022. 4. Apple and Amazon report earnings after positive results from tech peers. 5. Oil prices declined due to concerns over weakening demand.
The positive sentiment from anticipated trade deal progress suggests potential growth for S&P 500, similar to past instances where trade resolutions led to market rallies.
Trade deal optimism and positive earnings from major tech companies have historically influenced the S&P 500 positively, making this article highly relevant.
The immediate effect of upcoming earnings announcements from key tech companies can lead to quick market movement. Past earnings seasons often cause short-term volatility impacting the index.