Following the lackluster performance seen in the previous session, stocks are likely to come under pressure in early trading on Thursday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 399 points.
The downward momentum on Wall Street partly reflects disappointing earnings news from financial giants JPMorgan Chase (JPM) and Morgan Stanley (MS).
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.