
Investors await results: Apple, Microsoft, Amazon and Meta reports on the horizon
What happened last week
The US stock market ended the week with growth: the S&P 500 added 0.7%, the Nasdaq rose by 1.3%, the Dow remained virtually unchanged. The main driver was a strong Alphabet report, which increased optimism around artificial intelligence. However, sentiment worsened over the weekend: the US Treasury denied Trump's statements about tariff negotiations with China, which increased uncertainty.
Geopolitical risks remain
China also officially denied the fact of trade negotiations with the US. Conflicting signals from Washington and Beijing are keeping the markets nervous. Investors fear that without progress in the negotiations, an escalation of the trade war will again come to the fore.
US domestic market prepares for new challenges
This week, investors will be closely watching quarterly reports from US tech giants: Microsoft, Meta, Apple and Amazon. These results will help understand how resilient corporate America is amid tariff threats and spending on artificial intelligence development.
Fed rhetoric and economic reports
Jerome Powell's speech at the Fed meeting on May 7 depends largely on the reports that will be released this week. The focus will be on US Q1 GDP, US PCE inflation and US non-farm income. Positive: a period of silence has begun ahead of the meeting, and Fed members will not actively intervene in market processes.
Current Week's Top Stories
- US GDP and PCE Inflation on Wednesday
- Nonfarms (US Labor Market Report) on Friday
- Microsoft (April 30), Meta (April 30), Apple (May 1), Amazon (May 1) quarterly reports
- Continued focus on US-China talks
Stay tuned with the Neomarkets team!