U.S. equity markets are on course to open slightly in the red at the start of what should be another big week for the world’s largest economy. The S&P 500 and the Dow both made decent gains again on Friday and ended at record closing highs, so the fact that we’re seeing futures pare these isn’t too surprising.
Trump is widely expected to push his America first agenda while making the argument for fair and reciprocal trade and claiming the country is now open for business. The visit is clearly an attempt to pitch the country to business leaders following the recent tax overhaul while at the same time reaffirming the United States’ position in the world and even perhaps clearing up some of the damage caused by recent unsavory leaks.
U.S. investors shrug off shutdown concerns; earnings season enters key period as 82 S&P 500 Companies prepare to report; ECB and BoJ monetary policy decisions eyed this week; bitcoin off to a rocky start again.
U.S. equity markets are seen reversing Thursday’s losses at the open on Friday, even as investors prepare for the first government shutdown since 2013 if the Senate doesn’t pass a temporary spending bill.
U.S. investors were left feeling a little anxious on Tuesday after indices wiped out the strong gains seen at the open to end the day a little lower, but these worries may be quickly alleviated with futures pointing to another positive open on Wednesday.