Futures linked to Dow Jones index rise 0.25% to 40,324 points, while those of the S&P 500 drop 0.16%, in 5,520 points. Nasdaq 100 futures fall 0.23% to 19,383 points.
Wall Street comes from a mixed session yesterday Monday: the S&P 500 registered a gain of less than 0.1% on Monday, which allowed him to maintain his winning streak, while the Nasdaq Composite fell 0.1%. . The Dow Jones rose 0.28%, adding its fifth consecutive day closing in positive. However, it still loses 4.22% in April.
Much of the attention is still placed on the development of the negotiations that the US maintains with its main commercial partners. The hopes are taken in the steps that the US administration has been taking, after yesterday Trump announced some “relief” measures for tariffs imposed on the automobile sector.
The Secretary of Commerce, Howard Lutnick, confirmed that Some imported cars will not be subject to separate tariffs on steel and aluminum, if they already pay other taxes. Also Some levies on foreign pieces will be reduced used in car assembly and trucks in the US.
«Any setback has become boughtable,» believes Larry Tentarelli, founder of the Blue Chip Daily Trend Report, about the recent market activity. «I think the bulls have regained control.»
Meanwhile, the results season continues to advance by leaps and bounds, with almost a third of the companies of the S&P 500 publishing accounts this week. Large technology are subject to special attention, with goal Platforms and Microsoft planned for Wednesday and Apple and Amazon scheduled for Thursday.
Of more than 36% of the companies of the S&P 500 that have presented their results so far this season, around 73% have exceeded the expectations of Wall Street, according to Factset. This figure is slightly below the average of 5 years of 77%.
Among the companies that have already submitted their accounts, Spotify Tech falls 8% in the pre -opening after defrauding especially with their income forecasts for the current quarter. Streaming music giant predicts operational income of 539 million euros (614.24 million dollars) for the second quarter, below the estimates of 557.5 million euros in the market. Of course, expect 689 million monthly active users for the current quarter, compared to the average estimation of analysts of 684.9 million. The number of premium subscribers is expected to increase to 273 million in the second quarter, exceeding the estimates of visible Alpha of 271.5 million.
In the first quarter, the number of premium subscribers increased by 12% to 268 million in the first quarter, exceeding alpha visible estimates of 265.3 million. The company registered 678 million monthly active users, above the estimates of 671.9 million. Income increased 15% to 4,190 million euros, slightly below estimates of 4,200 million euros.
General Motors drops 2% before the bell touch. The automobile giant has exceeded profit expectations for the first quarter, but has announced that is reassessing its forecasts due to the uncertainty generated by tariffs of President Donald Trump. Besides suspend new shares of shares While analyzing the increase in costs related to these levies,
As for its results report, the company registered gains of $ 2.78 per share, compared to the estimated $ 2.74. The income also exceeded the forecasts, with a figure of 44,020 million that compares with the expected 43,500 million.
NXP Semiconductors falls more than 8% despite the fact that the company has slightly exceeded income expectations. He has also announced that his CEO, Kurt Sievers, will retire at the end of the year and that Rafael Sotomayor, member of the Board of Directors, will happen in office.
In the macroeconomic agenda, investors will have to be attentive to economic data on housing prices and trade balance, which will be known before the bell touch. Once the session is initiated, the April consumer confidence index and the March Employment and Employment Vacancies Surveys (Jolts) of March will be published. The strong dishes of the week will arrive between tomorrow and Friday with GDP, PCE and the report of non -agricultural payrolls.
In fixed income, always very sensitive to these references given the implications for monetary policy, The profitability of the US bonus at ten years rises slightly to 4.23%.
In raw material markets, oil prices go back as investors reduce their demand growth expectations due to the current commercial war between the US and China, the two largest economies in the world, and with the eyes also put in the truce in the war between Russia and Ukraine decreed by Putin. American West Texas Petroleum Futures decrease by 1.77% to $ 60.95 per barrel, while reference Brent in Europe drops 1.70% by $ 63.69.
Also setbacks in gold prices, which see far away the maximums just a few days ago before the news about Trump’s steps in tariff matters. The yellow metal drops 0.83% to 3,314.32 dollars an ounce.
The euro today drops 0.39% at its intersection against the dollar until leaving the exchange rate by $ 1,1376 for each community currency.