Stocks may move to the downside in early trading on Monday, giving back ground after ending last Friday's choppy session mostly higher. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.4 percent.
Concerns about the outlook for the global economy may weigh on Wall Street amid a surge in new Covid cases in China.
China reported the death of three people after contracting Covid, marking the first Covid-related deaths that China's mainland has reported since May.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.