Stock Futures Mixed as Markets Look for Calm After Tumultuous Week

Stock futures are mixed as markets look for calm after a tumultuous week. Inflation data is likely to be significant this week, with investors anticipating what the Federal Reserve will do at its next meeting in September. Bitcoin price falls as crypto traders prepare for volatility.

Stock Futures Mixed as Markets Look for Calm After Tumultuous Week

After a week of significant swings, the stock market is looking to remain calm, with futures for the main three indexes mixed in premarket trading on Monday.

Stock market futures are pointing to a mixed start to the week

Despite last week’s big drops, the S&P 500 closed near where it started, while the Dow and Nasdaq finished just a little lower. Traders hope for less drama for the rest of the month, with most earnings season over and useful economic data due this week.

Inflation data is likely to be significant this week, with investors anticipating what the Federal Reserve will do at its next meeting in September. Markets are currently pricing in either a quarter-point interest-rate cut or a half-point reduction, according to the CME FedWatch tool.

“At the risk of tempting fate, financial markets seem to have got the past week’s hysteria out of their systems,” said Paul Donovan, an economist at UBS. “Inflation data is likely to be significant this week.”

Bond yields were little changed early Monday, with the rate on the benchmark 10-year U.S. Treasury bond at 3.958% and the yield on the 2-year note at 4.078%.

Bitcoin Price Falls, Crypto Traders Brace for Volatility

Bitcoin’s price fell on Monday, with Ether and Solana also dropping as traders gear up for another week of volatility.

Bitcoin price falls as crypto traders prepare for volatility

What to Watch This Week

A busy week of economic data and earnings is ahead, with fresh inflation data and reports from Walmart, Alibaba, and Home Depot.

This week’s key events

July Consumer Price Index Inflation Data

Monday, 10:00 AM Eastern

The latest inflation data will provide insight into the current state of the economy and inform expectations for future interest rate decisions.

Earnings Reports from Walmart, Alibaba, and Home Depot

A busy week of earnings reports is ahead, with some of the biggest names in retail and technology set to release their latest results.

The week ahead

Fresh Inflation Data; Earnings From Walmart, Alibaba, Home Depot

July consumer price index inflation data. Plus, earnings from Barrick Gold, Home Depot, Cisco Systems, Alibaba Group, Applied Materials, Deere, and Walmart.