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A trader on the floor of the New York Stock Exchange last week. The S&P 500 entered the bear market almost last week.
Pictures of Spencer Platt / Getty Images
US stocks are set to open higher on Monday.
On sunday night
Dow Jones Industrial Average
Futures rose 154 points, or 0.5%, while S&P 500 futures rose 0.6%, and
Nasdaq Composite
Futures rose 0.6%.
Crude oil futures (West Texas Intermediate) lost 0.4% to 9 109.81 a barrel, while Brent crude, the international standard, rose 0.32% to $ 112.91 a barrel.
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S&P 500
Companies will report earnings this week, including: Advanced Auto Parts and Zoom Video Communications Monday; Tuesday Agilent Technologies, AutoZone, Best Buy, Intuit, Nordstrom, Petco Health & Wellness, Ralph Lauren, and Toll Brothers; Wednesday Dick’s Sporting Goods, Nvidia, Snowflake and Williams-Sonoma; Thursday Alibaba Group Holdings, Burlington Stores, Costco Wholesale, Dell Technologies, Dollar General, Dollar Tree, Gap, Massis, Marvel Technology, Medtronic and Alta Beauty; And lots of big Fridays.
Notable economic highlights this week include: On Tuesday, the Census Bureau reported residential sales statistics for April, and S&P Global released both its manufacturing and service purchasing managers index for the month of May. On Wednesday, the Federal Open Market Committee will release the minutes of its monetary policy meeting in early May, and the Census Bureau will release its Sustainable Products report for April. On Thursday, the Bureau of Economic Analysis will release its second estimate for gross domestic product in the first quarter. On Friday, the Bureau of Economic Analysis reported April personal income and expenditure data.
Janet H. at [email protected] Write Cho
