Core Viewpoint - Wall Street investors are relying on a strong corporate earnings season to maintain the U.S. stock market rally, with a particular focus on Netflix's upcoming results and the overall corporate outlook for 2026, where S&P 500 companies are expected to increase earnings by over 15% [1][2]. Group 1: Market Performance - The S&P 500 slipped 0.1% on Friday, while the Dow Jones Industrial Average fell 0.2% and the Nasdaq composite decreased by 0.1% [2]. - For the year, the S&P 500 is up 94.51 points, or 1.4%, the Dow Jones is up 1,296.04 points, or 2.7%, the Nasdaq is up 273.40 points, or 1.2%, and the Russell 2000 is up 195.83 points, or 7.9% [5][7]. Group 2: Corporate Earnings Outlook - The upcoming earnings reports from a diverse set of companies, including Netflix, Johnson & Johnson, and Intel, are anticipated to provide insights into the market's direction [1][2]. - Chris Fasciano, chief market strategist at Commonwealth Financial Network, emphasized the importance of earnings, stating that good earnings will support the market [2].
U.S. Stock futures crash: S&P 500, Dow Jones, Nasdaq tank in pre-market trading ahead of Tuesday's opening at Wall Street. All eyes on Netflix earnings results