Eurostoxx futures were little changed in early European trading on Monday, reflecting a cautious tone ahead of the broader market open.
German DAX futures and UK FTSE futures both remained flat, suggesting investors are adopting a wait-and-see approach at the start of a week filled with potential market-moving events.
Meanwhile, U.S. futures indicated a softer tone, with S&P 500 futures down by 0.4% as of early trading. Trade developments between the U.S. and China remain a major focus, but other factors will also come into play this week.
Month-end portfolio rebalancing could add volatility, and attention will increasingly shift to a series of crucial earnings releases from major tech companies. Microsoft, Meta, Apple, and Amazon are all scheduled to report their quarterly results on Wednesday and Thursday, events that are likely to significantly influence broader market sentiment.
Looking ahead, markets will also gear up for Friday’s U.S. non-farm payrolls report, a key indicator for assessing the health of the American labor market and potential shifts in Federal Reserve policy.