The index futures are predicting a cautious opening of U.S. markets. Shortly before the opening of Wall Street, futures on indices Standard & Poor's 500 and Nasdaq 100 yielded 0.41%, to 1203.30 points, and 0.37% at 2039.75 points.
The Dow Jones is expected to slightly decline, -0.22% to 11,126 points.
The small form of bank shares could affect the rating in months that the indicators expected this afternoon will restore tone to Dow Jones.
After peaking on Friday, the New York Stock Exchange was down slightly last night. The DJIA took just 0.01% to close at 11,205 points, while the Nasdaq yielded 0.28% at 2523 points.In the absence of significant macroeconomic indicators, the strong performance of Caterpillar, which traditionally serve as a barometer of economic trends, were not sufficient to sustain the strong upward movement in recent weeks.
The day will mark the beginning of the Fed meeting, which will lead tomorrow on a long-awaited decision on rates. At 15:00 on Tuesday, we will focus on the S & P / Case-Shiller home prices in February (consensus +1.3% / 144.80 points), which could fall back slightly, followed at 16:00 by the index of investor confidence from State Street and the index of consumer confidence for April Conference Board (consensus 53.5).But it's Friday, that the indicator light will come: the preliminary estimate of first quarter GDP by the BEA.
Moreover, "the news of mergers and acquisitions has been expanded and a new series of operations reconciliations medium had indeed lead the markets," noted analysts at BNP Paribas. The number one car rental Hertz Dollar Thrifty buys rival. It will pay 1.27 billion dollars and 1550 points will earn additional rental. A crucial task for Hertz, which remained in the red in the first quarter with a net loss of 150 million dollars.
U.S. Steel and UPS publish their quarterly results
As for values to follow, investors will have the matter: this is indeed the highlight this week, publication of quarterly results.165 companies to sacrifice performance.
After the close of yesterday evening, several, including Texas Instruments, have already published. The semiconductor group has unveiled strong results. The Texan also reassured to 56-64 cents per share on a turnover of at least 3.31 billion dollars in the quarter, against respectively 53 cents and $ 3.23 billion for Bloomberg's consensus.
On Tuesday, it was the turn of 3M, U.S. Airways, DuPont (third largest American chemist, who announces that its first quarter profit more than doubled), Estee Lauder, Ford, Lexmark, Office Depot, Stanley Black & Decker Tellabs, The McGraw Hill Companies, U.S. Steel and UPS.
Even if the reform of financial regulation was postponed by the Senate, she still feared by the banking sector this week to watch.Concerns focus on the reform activities in derivatives that could affect the performance of the investment bank.
Goldman Sachs will continue finally receive the attention of investors. CEO Lloyd Blankfein, Chief Financial Officer David Viniar and Fabrice Tourre must be heard in Washington before the Subcommittee of the Senate.