Key events: USA - Crude Oil Inventories USA - New Home Sales (Jan) The S&P 500 extended its losses for a second consecutive session on Tuesday as investor sentiment weakened following a sharp decline in consumer confidence. The Conference Board’s latest report showed consumer confidence dropped by seven points in February to 98.3, marking its steepest fall since August 2021. This fueled concerns about the economy just ahead of Nvidia’s (NASDAQ: NVDA) crucial earnings release later this week.

Key events: UK - Employment Change 3M/3M (MoM) (Nov) UK - Unemployment Rate (Nov) US stock index futures rose on Monday evening as President Donald Trump resumed office and announced a series of executive orders. The markets had been closed earlier in the day for the Martin Luther King, Jr. Day holiday. S&P 500 Futures climbed 0.6% to 6,066.25 points, Nasdaq 100 Futures gained 0.6% to 21,729.75 points, and Dow Jones Futures were also up by 0.6% at 43,943.0 points.

Key events: China - GDP (YoY) (Q4) Eurozone - CPI (YoY) (Dec) The stock market saw a reversal on Thursday, with the S&P 500 shedding its earlier gains to close lower. This downturn was fueled by a combination of robust earnings from the banking sector being counterbalanced by a slump in technology stocks, led primarily by Apple. By the end of the session, the Dow Jones Industrial Average had dipped by 68 points, or 0.2%, while the S&P 500 and NASDAQ Composite declined by 0.2% and 0.9%, respectively.

Key events: Eurozone - ECB's Lane Speaks The US stock market faced significant volatility on Friday, with the S&P 500 erasing its 2025 gains following a robust jobs report that stoked fresh inflation fears. This development reinforced expectations that the Federal Reserve will adopt a cautious approach to interest rate cuts this year.

Key events: USA - Core Retail Sales (MoM) (Nov) USA - Retail Sales (MoM) (Nov) The Nasdaq reached a historic high on Monday as technology stocks led the rally ahead of the Federal Reserve's final policy meeting of the year. The NASDAQ Composite surged by 1.1%, closing at a record 20,173.74, while the Dow Jones Industrial Average dipped 0.3%. The S&P 500 managed a modest 0.4% gain.

Key events: UK - GDP (MoM) (Oct) The S&P 500 ended Thursday in negative territory as Treasury yields surged, driven by an inflation report that exceeded expectations. The Dow Jones Industrial Average declined by 234 points, or 0.5%, while the S&P 500 and NASDAQ Composite fell by 0.5% and 0.7%, respectively.

Key events: Eurozone - ECB's Elderson Speaks UK - BoE Gov Bailey Speaks UK - BoE MPC Member Mann Speaks Eurozone - CPI (YoY) (Oct) The S&P 500 closed higher on Monday, supported by a tech-driven rally and Tesla’s sharp gains, ahead of Nvidia’s (NASDAQ: NVDA) earnings release and remarks from multiple Federal Reserve officials. The Dow Jones Industrial Average fell by 55 points, or 0.1%, while the S&P 500 rose 0.4%, and the NASDAQ Composite outperformed with a 0.6% gain.

Key events:

Key events: USA - OPEC Monthly Report USA - FOMC Member Kashkari Speaks USA - Fed Waller Speaks On Friday, the Dow Jones and S&P 500 closed at record highs, with the latter surpassing the 5,800 mark for the first time, buoyed by JPMorgan’s strong earnings performance. The S&P 500 rose 0.4% to close at 5,814.75, while the NASDAQ Composite added 0.3%, and the Dow surged 409 points, or 1%, ending the day at a new high of 42,863.86.

Key events: UK - CPI (YoY) (Aug) Eurozone - CPI (YoY) (Aug) USA - Crude Oil Inventories USA - FOMC Economic Projections USA - FOMC Statement USA - Fed Interest Rate Decision USA - FOMC Press Conference US stocks remained mostly unchanged on Tuesday, despite an upbeat retail sales report that eased concerns about a significant economic downturn ahead of the Federal Reserve's upcoming policy meeting.