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Markets Eye Earnings, Japan Political Shift as Key Data Looms

Investing.com •
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U.S. stock futures edged higher Monday ahead of a packed week of corporate results and delayed economic reports. Dow futures rose 87 points (0.2%) after the index closed above 50,000 for the first time Friday. Chipmaker Onsemi leads earnings with analysts expecting $1.53 billion revenue, while Amazon shares fell 5.6% on concerns over AI spending.

Japanese stocks rallied after Prime Minister Sanae Takaichi secured a rare super majority in Sunday’s snap election. The win strengthens her ability to push tax cuts and spending plans, with analysts predicting calmer bond markets and a stronger yen. The election came just 110 days after Takaichi became Japan’s first female premier.

Commodity markets saw divergent moves as Brent crude fell 1.1% to $67.32 on eased Middle East tensions, while gold and silver gained. Investors await U.S. nonfarm payrolls and inflation data this week, which could reshape Fed rate expectations.

Quick Fact: Onsemi is projected to report $1.53 billion revenue.