fed funds futures trading<\/a> suggests just a 2.7% chance of the central bank cutting rates, traders will be listening for Fed Chair Jerome Powell’s comments on his economic outlook.<\/p>\n“We could see temporary disruptions from a supply-chain perspective and a slowdown in growth if not a short and shallow recession. It may also temporarily impact inflation and keep the Federal Reserve in a difficult position on flexibility with interest rates,” said Megan Horneman,\u00a0chief investment officer at Verdence Capital Advisors.\u00a0<\/p>\n
“However… we do not see this as a long-drawn-out disruption,” she added. “Countries around the world are too intertwined and dependent upon each other to not see some agreements made sooner than later.”\u00a0<\/p>\n
On the economic front, data on the U.S. trade deficit for March is due on Tuesday morning.<\/p>\n
Investors will also await earnings reports from DoorDash in the morning, followed by Advanced Micro Devices and Super Micro Computer in the afternoon.<\/p>\n","protected":false},"excerpt":{"rendered":"Traders work on the floor of the New York Stock Exchange on May 1, 2025. NYSE S&P 500…\n","protected":false},"author":2,"featured_media":78178,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[4959,51,3085,32,7996,7989,2441,7995,3742,7994,3741,16,15,49],"class_list":{"0":"post-78177","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-breaking-news-markets","9":"tag-business","10":"tag-business-news","11":"tag-donald-trump","12":"tag-dow-jones-fut-mar23","13":"tag-dow-jones-industrial-average","14":"tag-markets","15":"tag-nasdaq-100-fut-mar23","16":"tag-nasdaq-composite","17":"tag-sp-500-fut-mar23","18":"tag-sp-500-index","19":"tag-uk","20":"tag-united-kingdom","21":"tag-united-states"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114458925655738168","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/78177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=78177"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/78177\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/78178"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=78177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=78177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=78177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}