EXPD

Market Performance: The SPDR S&P 500 ETF Trust (SPY) fell 0.93% due to weakness in technology stocks and investor caution ahead of Nvidia's earnings report, while the S&P 500 Index and Nasdaq 100 also experienced declines.

Sector Gains and Losses: Communication Services and Utilities sectors saw gains, whereas Materials, Financials, Energy, Technology, and Industrials sectors faced the most significant declines.

Upcoming Economic Data: Key economic data releases and the minutes from the Federal Open Market Committee's last meeting are anticipated this week, alongside Nvidia's Q3 earnings report, which could influence market sentiment.

Investor Sentiment and Projections: SPY has seen $1 billion in net inflows over the past five days, with a positive retail sentiment and increased hedge fund holdings; analysts rate SPY as a Moderate Buy with a price target suggesting a 17.75% upside potential.

US Stock Market Performance: The S&P 500, Dow Jones, and Nasdaq all experienced declines on Monday, with the S&P 500 falling by 0.92%. The market is anticipating key economic reports and Nvidia's earnings later this week, while Alphabet's stock rose by 3% following Berkshire Hathaway's investment.

Economic Reports and Fed Outlook: A heavy schedule of delayed US economic reports is set for release this week, including employment data and manufacturing indices. The market is pricing in a 41% chance of a rate cut at the upcoming FOMC meeting, supported by Fed Governor Waller's comments on the labor market.

Corporate Earnings Trends: Q3 earnings season is nearing completion, with 82% of S&P 500 companies exceeding forecasts, leading to a 14.6% increase in earnings, significantly above expectations. Notable stock movements include Alphabet's rise and declines in major tech stocks like Nvidia and Apple.

International Market Movements: Overseas markets closed lower, with the Euro Stoxx 50 down 0.93% and declines in China's Shanghai Composite and Japan's Nikkei. European bond yields fell, while the European Commission raised its GDP forecast for the Eurozone, indicating a mixed outlook for economic stability.

Market Overview: Major US stock indexes are experiencing declines, with the S&P 500 down -0.49% and the Nasdaq 100 down -0.46%, as investors await key economic reports and Nvidia's earnings later this week. Alphabet's stock rose over 4% following Berkshire Hathaway's significant investment.

Economic Reports: A heavy schedule of delayed US economic reports is set for release this week, including employment data and consumer sentiment indicators, which could influence market trends and Federal Reserve policy on interest rates.

Corporate Earnings: The Q3 earnings season is nearing its end, with 82% of S&P 500 companies exceeding forecasts, leading to a 14.6% increase in earnings, significantly above expectations. Key earnings reports from Walmart, Target, and Home Depot are anticipated.

Stock Movements: Notable stock movements include Alphabet's rise, Tesla's gains, and declines in major tech stocks like Nvidia and Amazon. Additionally, Zymeworks and Jazz Pharmaceuticals saw significant increases after positive trial results, while Dell Technologies and HP Enterprise faced downgrades and losses.