Stocks may move to the downside in early trading on Monday, giving back ground following the strong upward move seen last Friday. The major index futures are currently pointing to a slightly lower open for the markets, with the S&P 500 futures down by 0.1 percent.
Some traders may look to cash in on the recent strength in the markets, which lifted the Nasdaq and S&P 500 to new record closing highs in the previous session.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.