Stocks React to Jobs Report and Earnings Season, Market Volatility Persists
TL;DR Summary
Dow futures were trading mixed as investors awaited key inflation data and second-quarter earnings. This week, market participants will closely monitor the consumer price indexes, Michigan consumer sentiment, and speeches from FOMC and Federal Reserve officials. Earnings season is set to kick off with companies like Bed Bath & Beyond, PepsiCo, Delta Air Lines, and UnitedHealth Group reporting quarterly results. Last week, the Dow declined 1.9%, the S&P 500 lost 1.2%, and the NASDAQ dipped 1%.
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