HomeFinancial MarketsFutures Fall Following Discouraging Data From China

Futures Fall Following Discouraging Data From China

U.S. equity futures slipped on Monday after price data from China boosted fears regarding the health of the global economy. Chinese shares also fell lower after factory-gate prices declined.

Futures on the Nasdaq 100 declined by 0.3%. Contracts listed on the S&P 500 and Dow Jones Industrial Average both remained little changed. In contrast, the Stoxx Europe 600 Index rose by 0.2%, while the MSCI World Index was largely unchanged.

Investors are becoming increasingly worried that further central bank interest rates could cause world economies to buckle under pressure. US Treasury Secretary Janet Yellen appeared to rationalize such fears when she admitted that a U.S. recession remains a possibility.

U.S. consumer inflation numbers are due on Wednesday, with producer prices expected to be released the next day.

Nigel Green, chief executive of DeVere Group, warned investors to expect a rocky season of earnings ahead. “In the last quarterly earnings, there was a lot of negative guidance. We’re likely to see this having turned out to be correct amid the brewing of a perfect storm of several major economic headwinds,” Green commented.

Netflix’s Resilience Praised by Wall Street Analysts After Strong Q1 Earnings

Streaming giant Netflix continues to be championed by Wall Street analysts, who view the company as “resilient” in a tough economic environment after strong...

Fed to “Wait for Greater Clarity” Before Making Policy Adjustment Says Chair Jerome Powell

The Federal Reserve will wait to see the impact of recent sweeping tariffs on the U.S. economy before considering making policy adjustments, according to...

Oil Prices Will Decline Through 2026 According to Goldman Sachs

Oil prices will drop further this year, with the trend spilling over to 2026, according to Goldman Sachs. The investment bank forecasts that increased...