Stock futures showed little movement Monday night as the S&P 500 and Nasdaq hit record highs. With major earnings reports ahead, investors are watching closely for market trends and insights on economic conditions.
Tensions rise as President Trump pushes for interest rate cuts, clashing with Fed Chair Jerome Powell's cautious stance. With inflation down but unemployment creeping up, the stakes for the economy are higher than ever.
UPS is set to lay off 20,000 employees and shut down over 70 facilities as it reduces Amazon shipments. CEO Carol Tomé emphasizes the need for cost reduction amidst uncertain economic conditions.
