US stock futures flat as data, earnings test looms

Reuters

Mon, Apr 28, 2025, 3:20 AM 2 min read

(Reuters) -U.S. banal scale futures were small changed connected Monday arsenic investors braced for a week packed with cardinal economical information and net from immoderate of Wall Street's biggest companies, with the Trump administration's commercialized argumentation developments besides successful focus.

The 3 main indexes ended Friday with play gains, portion the small-cap Russell 2000 marked its champion week since November arsenic signs emerged that the U.S. and China could beryllium consenting to de-escalate commercialized tensions.

However, competing claims connected the authorities of negotiations from Beijing and U.S. President Donald Trump highlighted the uncertainties facing investors arsenic they effort to navigate Trump's disruption of satellite trade.

The upcoming week volition spot 180 S&P 500 companies study quarterly results, with the spotlight connected "Magnificent Seven" megacaps Apple, Microsoft, Amazon and Meta Platforms.

Earnings play has truthful acold has been somewhat upbeat, with S&P 500 net present expected to ascent 9.7% successful the archetypal 4th from a twelvemonth ago, higher than an April 1 estimation for an 8% gain, according to LSEG IBES.

Of the 179 companies successful the S&P 500 that person reported net to day for the archetypal quarter, 72.6% person reported net supra expert expectations, according to estimates compiled by LSEG.

Many companies person flagged the uncertainty caused by caller tariffs, with immoderate including Procter & Gamble cutting yearly forecasts and others, specified arsenic American Airlines, pulling their yearly nett outlook entirely.

Key economical data, astir notably monthly U.S. payrolls data, gross home merchandise information and the idiosyncratic depletion expenditures terms index, volition besides beryllium keenly watched for signals connected however caller tariffs are impacting economical growth, ostentation and the labour market.

At 5:40 a.m. ET, Dow E-minis were up 20 points, oregon 0.05%, S&P 500 E-minis were down 3.5 points, oregon 0.06%, and Nasdaq 100 E-minis were down 6.75 points, oregon 0.03%.

The week besides marks 100 days since U.S. President Donald Trump took office. An archetypal rally successful equities aft his election, connected hopes for much pro-business policies and deregulation, has waned.

Instead, the S&P 500 has declined much than 4% since Trump's predetermination triumph successful November, and is implicit 10% disconnected its February grounds high, arsenic markets person been roiled by the interaction of caller commercialized policies.

Among idiosyncratic stocks, Tesla roseate 2.3% aft soaring astir 10% successful the erstwhile session.

(Reporting by Lisa Mattackal successful Bengaluru; Editing by Devika Syamnath)