US Stock Markets Rise: Company Earnings Reports and Inflation Data Expected

US Stock Markets Started Positively

The US stock markets, which started the first trading day of the week with a rise, increased investors' hopes. At the opening, the Dow Jones index rose to 46,385.37 points with a 0.42% increase. The S&P 500 index increased by 0.59% to 6,703.49 points, while the Nasdaq index climbed to 22,857.14 points with a 0.78% gain.

Trade Tensions and Economic Uncertainties

Last week, the trade tensions between the US and China and concerns in the banking sector caused fluctuations in the equity markets. However, as the new week begins, the conciliatory approach of US officials towards trade with China contributed to a decrease in risk perception in the markets.

Negotiation Process for A Suitable Solution

New negotiations aimed at resolving the escalating trade tensions due to mutual tariff increases between the two countries are scheduled to be held this week in Malaysia. This situation has increased investors' confidence and supported the rise of the stock markets.

Government Shutdown Process and Economic Effects

On the other hand, the US federal government has remained closed since October 1 due to budget disagreements. Kevin Hassett, Director of the White House Council of Economic Advisers, stated in an interview that there is a high likelihood of the government shutdown ending this week. Hassett expressed that if an agreement is not reached, the White House is prepared to take stronger steps to end the government shutdown as it enters its 20th day.

Important Economic Data and Company Earnings

The government shutdown disrupts the flow of economic data; however, before the meeting scheduled for next week by the US Central Bank (Fed), the inflation data to be released on Friday will be in the focus of investors. Additionally, the financial results announced by major companies such as Tesla, Ford, Netflix, Procter & Gamble, Coca-Cola, IBM, and Intel will also be closely monitored by investors this week.