Wall Street week ahead: Big tech results, jobs data, and inflation reports set stage for busy market week

The upcoming week will be an important test for the rebound of the US stock market, as investors look at the major income reports from Apple and Microsoft, while global trade development can add instability in the growth market.
According to news agency Reuters, next week’s important economic indicators include US jobs data, first quarter economic development figures and inflation updates.
These reports will help investors to determine whether the recent market strength indicates recovery from the decline related to tariffs.
The improvement in the equity market of this week was influenced by the signs of softening of the Trump administration being softened, especially about China. However, the situation remains uncertain, and new tariff development can potentially reverse market gains.
“There seems to be some possibilities to compromise on the tariff position,” who has recently supported the rally, said Michael Mulane, director of Global Markets Research in Boston Partners, said Reuters.
But the stock “will be sensitive to the news flow that day,” Mulini said, “If it is positive on the tariff, the market grows. If it is negative on the tariff, the market goes down.”
Investors continued uncertain about business matters after postponing significant import tariffs on various countries by July. The decision followed enough market volatility due to the declaration of comprehensive levy on 2 April.
The current income report of S&P 500 companies is higher than expectations. According to LSEG IBES, the first quarter profits have increased by 9.7% compared to the previous year, which exceeds the projection of 8% on 1 April.
Many companies have indicated future challenges. Proctor & Gamble, PepsiCo, and Thermo Fisher have reduced their annual profit forecasts.
The impact of new trade policies on economic indicators is subject to investigation, with extensive concerns about increased prices and growth rate.
The upcoming economic data release includes the first quarter GDP figures and March Personal Consumption Exanders (PCE) Price Index, a major measure of inflation.
The May 2 US employment report can significantly affect the direction of the market.