Market Watch: A Quiet Start with High Stakes
As the sun rose over Wall Street, futures hinted at a day of cautious trading. Investors are on the edge of their seats, awaiting a slew of economic indicators and earnings reports that could sway the markets.
Key Reports on the Horizon
Today's agenda is packed with critical data releases, including the Mortgage Bankers Association's mortgage applications report, the Department of Labor's producer prices, and the latest on industrial output. These figures are more than just numbers; they're a pulse check on the economy's health.
Earnings Season Heats Up
All eyes are also on the financial titans set to unveil their earnings. Bank of America, Goldman Sachs, Morgan Stanley, and United Airlines are among the heavyweights stepping into the spotlight today. Their performance could set the tone for the sector.
Meanwhile, the Nasdaq 100 dipped slightly by 0.15% in early trading, while the Dow Jones and S&P 500 held steady. Across the pond, the euro gained 0.18% against the dollar, trading at $1.16221.
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