U.S. stock futures are flat on the first trading day of May — and more in Monday’s stock market recap.
The Nasdaq ended April with its worst monthly performance since 2008, losing nearly 13.3%.
We’re facing another data-heavy week on Wall Street… We have the ADP National Employment Report and International Trade in Goods and Services on Tuesday, not to mention earnings season continues with some major reports yet to come.
But the biggest news of the week is the Federal Open Market Committee announcement on Wednesday.
Following the two-day meeting, we’ll learn how much the Fed plans to raise interest rates, with most expecting a 50-basis-point hike.
In this morning’s stock market recap video, you'll discover whether the markets are bottoming out or heading lower… how to interpret recent bond market trading action… the biggest earnings reports on the table this week… how to strategically take advantage of this market right now… plus a full update on the global economy and what it means for U.S. stocks.
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