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%.