Another huge batch of corporate earnings including from megacaps Alphabet and Amazon will test the U.S. stock market in the coming week after a disappointing report from heavyweight Microsoft weighed on equity indexes.
President Donald Trump said he intends to announce his pick to replace Federal Reserve Chair Jerome Powell next week, as speculation intensifies over who will lead the U.S. central bank after Powell steps aside from the job in May.
Adidas said it would launch a share buyback of up to 1 billion euros on the back of record 2025 sales that the German sportswear maker said benefited from stable prices in the face of U.S. tariffs.
Bitcoin’s strong start to the year has been fully erased, with its price slipping to a new yearly low below $84,000. Analysts viewed this move as part of a broader corrective phase rather than a structural market breakdown, driven by aggressive futures deleveraging rather than sustained selling in spot markets.
Oil prices rose to their highest since late September on looming Iran concerns while a weak U.S. dollar lent further support. Both benchmarks are headed for their biggest monthly rises in percentage terms since July 2023
The Bank of Canada held its policy rate at 2.25%, as widely expected, and Governor Tiff Macklem said a high level of trade uncertainty made it difficult to predict when and how rates might next change.
