Stock market today: Dow future decreases in the midst of recession fears

The term contracts linked to the industrial average of Dow Jones fell by 47 points, or 0.11%. The term contracts on S&P 500 fell by 0.17% and the term contracts on the NASDAQ slipped by 0.23%.

The yield on the 10 -year treasure was stable at 4.216% after diving on Friday on larger expectations for Fed rate drops. The US dollar was stable against the euro and fell 0.09% compared to the yen.

Gold increased by 0.44% to $ 3,414.10 per ounce. US oil prices fell 0.67% to $ 66.88 per barrel, and Brent crude dropped by 0.72% to $ 69.17, OPEC + announced another production wave.

After investors were amazed at the resilience of the economy in the face of President Donald Trump’s prices, it turns out that the conditions were in fact much lower, with employment gains in the last three months, on average only 35,000.

Combined with distinct indicators showing a deterioration in expenses, housing and consumer manufacturing, the overall image is that of an economy “on the precipice of the recession”, according to Mark Zandi of Moody’s Analytics. This followed a similar warning from JPMorgan economists.

Others had previously resounded the alarm on the flagrant red flags. But in the days preceding the report on jobs, some high -level commentators were still trying to explain why the predictions of the Doomsday day on the prices of Trump’s “Liberation Day” had not yet materialized.

Thursday, the former economic adviser of the White House, Jason Furman, partially allocated it to the “pricing disturbance syndrome”. And last Sunday, Rockefeller International President Ruir Sharma said that the negative effects of the prices were probably offset by other factors such as IA expenses and inflationary pressure lower than the housing, cars and energy.

With Wall Street now listening to economic risks such as Trump’s trade war, prices that will come into force on Thursday could get more control. This includes higher tasks on business partners such as Canada and Switzerland.

Meanwhile, the Calendar of Economic Reports is expecting the coming week after several grown -ups last week. On Tuesday, the trade deficit for June comes out, offering an update on the amount of prices which have an impact on imports. Thursday, the second quarter productivity is due.

The profits season has succeeded in its peak, but several best names will publish quarterly reports. Palantant Technologies reports on Monday after obtaining a software and data contract of $ 10 billion in the army.

Chip Giant Advanced Micro Devices will report on Tuesday – offering potentially advice on the results of Nvidia, which only released on August 27.

The other companies that should publish profits in the coming week include Caterpillar, Disney and McDonald’s. It will also be a busy period for pharmaceutical and biotechnological giants like Amgen, Pfizer and Eli Lilly while Trump weighs high tariffs on medication.