11.01.202623:44:59UTC+00US Futures Slip Ahead of Busy Week

U.S. stock futures experienced a slight decline on Monday as investors prepared for a significant round of corporate earnings reports and crucial economic data, both of which could influence expectations regarding Federal Reserve policy. Futures for the Dow and S&P 500 each decreased by approximately 0.1%, while Nasdaq 100 futures dropped by 0.2%. This week, several major U.S. banks, including JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, Morgan Stanley, and Goldman Sachs, are set to release their financial results, offering insights into lending, deal-making, and trading operations. Other prominent companies anticipated to report earnings include Bank of New York Mellon, Delta Air Lines, BlackRock, and PNC Financial. On the economic front, Tuesday's inflation report will be closely monitored, as any unexpected increase could complicate the Federal Reserve's path towards potential interest rate cuts.