United States stock futures moved lower on Sunday evening (Monday AEDT) as investors braced for a packed week of economic data, following significant losses in early March.
By 9:40 am (10:40 pm GMT) Dow Jones Industrial Average futures slipped 135 points, or 0.6%, S&P 500 futures fell 0.7%, while Nasdaq 100 futures declined 0.8%.
Last week, Market volatility was driven by uncertainty surrounding trade negotiations between the U.S., Mexico, and Canada. Talks throughout the week left investors on edge, contributing to broad market declines.
During an interview aired on Sunday, President Donald Trump addressed concerns about a potential recession. noting that the "economy was experiencing “a period of transition”.
The coming week presents more potential market-moving events, with investors closely watching the February consumer price index (CPI) release, followed by the producer price index (PPI).
Additionally, the New York Fed’s survey of consumer expectations is set for Monday, alongside the University of Michigan’s consumer sentiment reading on Friday.
