Stock futures declined on Sunday evening as investors geared up for a crucial week of economic data, following Wall Street’s sharp losses in early March. S&P 500 futures dropped 0.7%, while Nasdaq 100 futures fell 0.9%. Dow Jones Industrial Average futures decreased by 270 points, or 0.6%.
The previous week saw significant market declines, with the S&P 500 tumbling 3.10%, marking its worst weekly performance since September. The Dow Jones dropped 2.37%, and the Nasdaq Composite lost 3.45%, weighed down by persistent concerns over trade policies and broader economic uncertainty.
Investor sentiment remains fragile after a volatile week driven by trade negotiations between the U.S., Mexico, and Canada. President Donald Trump, in a Sunday interview, referred to the current economic climate as “a period of transition” when questioned about the potential for a recession.
This week, market participants will closely monitor several key economic reports. The New York Federal Reserve’s survey of consumer expectations is set for release on Monday, followed by the University of Michigan’s consumer sentiment index on Friday. Inflation data will also be in focus, with the consumer price index (CPI) scheduled for Wednesday, followed by the producer price index (PPI) on Thursday. These reports are expected to offer critical insights into the economic outlook and influence investor decisions in the coming days.
