Wall Street bounced back ahead of the opening bell Monday after a dismal week driven by uncertainty over some of President Donald Trump’s new economic measures, the Associated Press reports. Futures for the S&P 500 added 0.5% early today, while futures for the Dow Jones Industrial Average climbed 0.7%, and Nasdaq futures gained 0.4%.
On Friday, the S&P 500 sank 1.7% for its worst day in two months after the release of weaker-than-expected U.S. economic data. The Dow Jones Industrial Average lost 1.7%, while the Nasdaq composite tumbled 2.2%.
Domino’s Pizza slid 3.3% in early trading Monday after its fourth-quarter results fell short of Wall Street expectations, dragged down by slower U.S. sales growth.
Though corporate earnings slow to a trickle this week, several other high-profile companies — including Home Depot, Nvidia, and Paramount — will report their most recent quarterly performances.
Also this week, the latest consumer confidence reading and a second estimate on fourth-quarter GDP. A closely watched report on inflation comes Friday.
