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US Futures Up Ahead of Key Economic Data Release

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US Futures Up Ahead of Key Economic Data Release

US Pre-Market Briefing | April 30, 2026

Market Commentary

US stock futures point higher in pre-market trading on April 30, 2026, with S&P 500 futures advancing 0.60%, Nasdaq 100 futures gaining 0.66%, Dow Jones futures climbing 1.18%, and Russell 2000 futures rising 0.51%, driven primarily by robust corporate earnings and easing inflation fears. Eli Lilly's blowout quarterly results, fueled by surging sales of Zepbound and Mounjaro, bolster investor confidence, while core US inflation holding steady at 3.2% in March aligns with expectations, reducing pressure for aggressive Federal Reserve action amid signs of 2% GDP growth in the first quarter. Geopolitical tensions, such as former President Trump's comments on Iran's oil sector, fail to derail the rally, as oil prices retreat from four-year highs due to competing economic concerns, including Iran's economic freefall highlighted in recent charts. Overnight, European data painted a mixed picture, with French consumer spending meeting forecasts at 0.7% month-over-month in March, though GDP stalled at 0.0% quarter-over-quarter against a 0.2% estimate, signaling potential weakness. German retail sales plunged 2.0% month-over-month, far below the -0.3% forecast, while French CPI and HICP exceeded expectations at 1.0% and 1.2% respectively, stoking worries about stagflation in the eurozone. Markets have reacted cautiously, with European bonds rallying and rate-hike bets diminishing, as seen in the UK after the Bank of England's decision. Looking ahead, the most critical release today is the European Central Bank's Monetary Policy Statement at 08:15 ET, which could influence global sentiment amid debates over potential rate hikes, as voiced by ECB President Lagarde. US traders will also monitor the Chicago PMI at 09:45 ET, forecasted at 54.8, for fresh domestic activity insights. On the earnings front, Eli Lilly has already surged premarket after its strong report, with heavy hitters like Mastercard, Caterpillar, and Merck set to release before the open, alongside Apple's after-market debut, potentially shaping sector rotations in a buoyant market environment. Overall, these developments underscore a resilient US market, though volatility could spike with ECB outcomes.

US Index Futures

FuturePriceChange (%)
S&P 500 Futures7,208.50+0.60%
Nasdaq 100 Futures27,539.50+0.66%
Dow Jones Futures49,338.00+1.18%
Russell 2000 Futures2,752.80+0.51%

Economic Data Released Today

TimeCurImpEventActualForecastPrevious
01:30EUMedFrench Consumer Spending (MoM) (Mar)0.7%0.7%-1.4%
01:30EUMedFrench GDP (QoQ) (Q1)0.0%0.2%0.2%
01:30EUMedFrench GDP (YoY) (Q1)1.1%1.3%
02:00EUMedGerman Retail Sales (MoM) (Mar)-2.0%-0.3%-0.3%
02:45EUMedFrench CPI (MoM) (Apr)1.0%0.9%1.0%
02:45EUMedFrench HICP (MoM) (Apr)1.2%0.9%1.1%
03:55EUMedGerman Unemployment Change (Apr)20K4K3K
03:55EUMedGerman Unemployment Rate (Apr)6.4%6.3%6.4%
04:00EUHighGerman GDP (QoQ) (Q1)0.3%0.1%0.2%
04:00EUMedGerman GDP (YoY) (Q1)0.3%0.3%0.4%
05:00EUMedCore CPI (YoY) (Apr)2.2%2.2%2.3%
05:00EUHighCPI (YoY) (Apr)3.0%3.0%2.6%
05:00EUMedCPI (MoM) (Apr)1.0%1.3%
05:00EUMedGDP (QoQ) (Q1)0.1%0.2%0.2%
05:00EUMedGDP (YoY) (Q1)0.8%0.9%1.2%
05:00EUMedUnemployment Rate (Mar)6.2%6.2%6.3%
07:00GBMedBoE MPC vote cut (Apr)000
07:00GBMedBoE MPC vote hike (Apr)110
07:00GBMedBoE MPC vote unchanged (Apr)889
07:00GBHighBoE Interest Rate Decision (Apr)3.75%3.75%3.75%
07:30BRLMedGross Debt-to-GDP ratio (MoM) (Mar)80.1%79.6%79.2%
08:00BRLMedUnemployment Rate (Mar)6.1%6.1%5.8%
08:15EUHighDeposit Facility Rate (Apr)2.00%2.00%2.00%
08:15EUMedECB Marginal Lending Facility2.40%2.40%
08:15EUHighECB Interest Rate Decision (Apr)2.15%2.15%2.15%
08:30USMedContinuing Jobless Claims1,785K1,820K1,808K
08:30USHighCore PCE Price Index (MoM) (Mar)0.3%0.3%0.4%
08:30USHighCore PCE Price Index (YoY) (Mar)3.2%3.2%3.0%
08:30USMedCore PCE Prices (Q1)4.30%4.10%2.70%
08:30USMedEmployment Cost Index (QoQ) (Q1)0.9%0.8%0.7%
08:30USHighGDP (QoQ) (Q1)2.0%2.2%0.5%
08:30USMedGDP Price Index (QoQ) (Q1)3.6%3.8%3.7%
08:30USHighInitial Jobless Claims189K213K215K
08:30USMedPCE price index (MoM) (Mar)0.7%0.7%0.4%
08:30USMedPCE Price index (YoY) (Mar)3.5%3.5%2.8%
08:30USMedPersonal Spending (MoM) (Mar)0.9%0.9%0.6%
08:30CAMedGDP (MoM) (Feb)0.2%0.2%0.1%
08:31CAMedGDP (MoM) (Mar)0.4%0.2%

Upcoming Economic Releases

TimeCurImpEventForecastPrevious
07:00GBMedBoE MPC Meeting Minutes
07:30GBMedBoE Gov Bailey Speaks
07:30GBMedBOE Inflation Letter
08:15EUMedECB Monetary Policy Statement
08:45EUHighECB Press Conference
09:15GBMedBoE Gov Bailey Speaks
09:45USHighChicago PMI (Apr)54.852.8
10:00USMedAtlanta Fed GDPNow (Q2)
10:00USMedUS Leading Index (MoM) (Feb)-0.2%-0.1%
11:15EUMedECB President Lagarde Speaks
16:30USMedFed's Balance Sheet6,707B
19:30JPMedTokyo Core CPI (YoY) (Apr)1.8%1.7%
21:30AUMedPPI (QoQ) (Q1)0.9%0.8%
21:30AUMedPPI (YoY) (Q1)3.5%

Earnings Today

Before Market Open (BMO)

TickerCompanyMarket Cap
LLYLilly(Eli) & Co$804.2B
MAMastercard Incorporated$468.4B
CATCaterpillar Inc$376.9B
MRKMerck & Co Inc$274.0B
COPConoco Phillips$156.3B
PHParker-Hannifin Corp$119.6B
BBVABanco Bilbao Vizcaya Argentaria SA ADR$119.6B
BMYBristol-Myers Squibb Co$117.6B
MOAltria Group Inc$114.0B
TTTrane Technologies plc$106.1B
SOSouthern Company$105.4B
PWRQuanta Services Inc$94.3B
ICEIntercontinental Exchange Inc$88.5B
INGING Groep NV ADR$77.5B
CICigna Group$77.1B

After Market Close (AMC)

TickerCompanyMarket Cap
AAPLApple Inc$4.0T
AMGNAMGEN Inc$182.4B
SNDKSandisk Corp$157.1B
WDCWestern Digital Corp$139.9B
SYKStryker Corp$120.7B
AEMAgnico Eagle Mines Ltd$92.0B
MPWRMonolithic Power System Inc$75.0B
AJGArthur J. Gallagher & Co$54.5B
RBLXRoblox Corp$40.3B
AIGAmerican International Group Inc$39.6B
RMDResmed Inc$30.9B
MTZMastec Inc$29.2B
RDDTReddit Inc$28.2B
LPLALPL Financial Holdings Inc$26.5B
DXCMDexcom Inc$22.2B

FX Snapshot

PairPriceChange (%)
EUR/USD1.17+0.12%
GBP/USD1.35+0.22%
USD/JPY156.66-2.28%
USD/CHF0.78-0.92%
AUD/USD0.72+0.48%
USD/CAD1.37-0.10%

Gold, Oil and Gas

CommodityPriceChange (%)
Gold4,656.80+1.96%
Silver74.22+2.42%
WTI Crude104.66-4.08%
Brent Oil108.76-3.69%
Natural Gas2.65+0.38%

Crypto

CryptoPriceChange (%)
Bitcoin$76,299.37+0.66%
Ethereum$2,263.51+0.47%

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