Traders work on the floor of the New York Stock Exchange (NYSE) on January 22, 2026 in New York City, USA.
Brendan McDiarmid | Reuters
Stock futures fell Sunday night as traders braced for a crucial week ahead of key earnings reports and a U.S. monetary policy meeting.
Dow Jones Industrial Average Futures Lost 317 points (0.6%). S&P500 and Nasdaq 100 futures They decreased by 0.8% and 1.1%, respectively.
More than 90 S&P 500 companies, including Apple, Metaplatform, and Microsoft, are scheduled to release their quarterly reports this week. So far, earnings season has been strong, with 76% of companies reporting beating expectations, according to FactSet.
To be sure, some stocks, such as Intel and Netflix, still fell despite companies beating expectations.
“Based on what we’ve seen so far, the overall picture remains unchanged. We expect earnings growth to accelerate to 14%, so we reiterate our recommendations from December: energy, basic materials, the Magnificent Seven, Bitcoin and Ethereum,” said Tom Lee, head of research at Fundstrat.
Traders will also be keeping an eye on the US Federal Reserve this week. The central bank is scheduled to announce its first policy decision of the year on Wednesday.
The Fed is widely expected to keep overnight rates unchanged, but Wall Street is looking for clues as to when Fed officials might cut rates.
Wall Street is coming off a losing week as rising geopolitical tensions spook investors. Concerns eased over the weekend after President Donald Trump announced that they had reached a “framework” for a deal on Greenland. Still, the S&P 500 index fell about 0.4% last week, the second straight week of declines.
