U.S. Stocks Set to Open Lower

Key Economic Indicators to Watch

U.S. stocks are set to open slightly lower on Monday, with a focus on upcoming retail and technology earnings reports, along with an important inflation data release later in the week.

Bureau of Economic Analysis Report

The Bureau of Economic Analysis is scheduled to release the personal-consumption expenditures index this Thursday, a significant measure closely monitored by the Federal Reserve.

Futures Snapshot

As of 6:17 p.m. ET on Sunday, futures for major indices showed a slight decline:

• Dow Jones Industrial Average: -30 points (less than 0.1%)
• S&P 500: -0.1%
• Nasdaq Composite: -0.1%

Notable Earnings This Week

Earnings to watch this week include:

• Monday: Domino’s Pizza, Freshpet, Hims & Hers Health, ONEOK, Li Auto, Trex, Unity Software, Workday, and Zoom Video Communications
• Tuesday: American Tower, AutoZone, Beyond Meat, Boston Beer, Cava Group, Constellation Energy, Devon Energy, eBay, First Solar, iRobot, J.M. Smucker, Lowe’s, Macy’s, Monster Beverage, Norwegian Cruise Line, Portillo’s, Redfin, Ross Stores, and Urban Outfitters
• Wednesday: Advance Auto Parts, AMC Entertainment, Baidu, C3.ai, Duolingo, Hewlett Packard Enterprise, HP Inc., Liberty Media, Novavax, Okta, Paramount Global, Pure Storage, Salesforce, Snowflake, TJX Cos., Warby Parker, and WW International

Upcoming Earnings Reports and Market Updates

Earnings Reports:

• Thursday: Anheuser-Busch InBev, Autodesk, Bath & Body Works, Best Buy, Dell Technologies, NetApp, NetEase, Papa John’s International, Polestar Automotive, Six Flags Entertainment, SoundHound AI, Sweetgreen, Toronto Dominion Bank, UTZ Brands, and Zscaler will report earnings.

• Friday: FuboTV and Plug Power will report earnings.

Market Highlights:

• Monday: Amazon.com will replace Walgreens Boots Alliance in the Dow Jones Industrial Average. The Census Bureau will report sales data for new single-family homes in January.

• Tuesday: S&P CoreLogic will release Case-Shiller Home Price Indices for 20 major metropolitan areas in December.

• Wednesday: The Bureau of Economic Analysis will release its second estimate of fourth-quarter GDP.

• Thursday: The Bureau of Economic Analysis will release the personal-consumption expenditures index for January, a key inflation measure for the Federal Reserve's rate decisions.