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Stock Futures Wobble Ahead of Economic Data, Earnings

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Stocks have been jittery since a flare-up of Covid-19 cases in India and Japan triggered concerns about the global economic recovery

and major companies’ earnings this year.ended last week just shy of its record closing level

. Nasdaq-100 futures declined 0.3%, suggesting that technology shares may be among the weakest performers after the Monday opening bell. Stocks have been jittery in recent days after a flare-up of Covid-19 cases in India and Japan triggered concerns about the pace of the global economic recovery. Money managers’ risk appetite was also jolted by worry that the Biden administration may boost taxes. This week, the corporate earnings season is poised to pick up steam, with the focus on blue-chip companies to report profits and offer guidance that can justify stocks’ high valuations.following a spate of strong U.S. economic data.

“Markets have had a roaring start to the year,” said Hugh Gimber, a strategist at J.P. Morgan Asset Management. “And now there has been this period of consolidation in the bond market, and that’s led to a period of consolidation in the stock market.”

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Stock futures look for direction ahead of busy earnings week, Fed meetingStock-index futures are little changed Monday as investors look ahead to one of the busiest weeks of earnings season and a meeting of Federal Reserve policy... The road paved with big pumpers . Lots green on the screen 📺 lay the money down GO Golf 🏌️
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