Global Market Square

The U.S. and eurozone stock markets closed mostly higher in Monday’s session, except for the Dow Jones Industrial Average. The record-breaking drama continued Monday, with the technology-laden Nasdaq Composite setting a new record and closing at 14,138.78.     

Investors are beginning to look ahead at the tech company earnings season, which begins as follows:

• Microsoft (MSFT) on April 27
• Facebook (FB) on April 28
• Amazon (AMZN) April 29
• Apple (AAPL) on April 30

There are high expectations that all companies will deliver robust results as already north of 25% of all S&P 500 companies have reported, and 84% of this group has shown better than expected 1Q21 earnings.

The economic calendar for this week includes the following on April 29-30:

• U.S. Real GDP
• U.S. Personal Savings Rate
• U.S. Initial Claims for Unemployment

On April 30:

• U.S. Personal Consumption Index
• U.S. Personal Income
• U.S. Personal Consumption Expenditures.

In the eurozone, the markets ended with gains; a summary follows:

• Stoxx 600 closed at 440.31, up 1.28 points, or 0.29%.
• FTSE 100 closed at 6,963.12, up 24.53, or 0.35%
• Dax index closed at 15,296.34, up 16.72, or 0.11%.

Wall Street summary for April 26, 2021,

• The Dow Jones Industrial Average closed at 33,981.57, down 61.92 points, or 0.18%.
• The Standard & Poor’s 500 closed at 4,187.62 up, 7.45 points, or 0.18%.
• The Nasdaq Composite Index closed at 14,138.78, up 121.97 points, or 0.87%.
• The Birling Capital Puerto Rico Stock Index closed at 2,501.99, up 57.73 points, or 2.36%.
• The U.S. Treasury 10-year note closed at 1.58%
• The U.S. Treasury 2-year note closed at 0.18%.

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