S&P 500, Nasdaq, Dow Jones will look to rebound on Monday as US stock market investors face a pivotal week, with corporate earnings reports led by major AI players and a Federal Reserve meeting posing critical tests for a suddenly shaky market rally. Wall Street's main indexes closed lower on Friday even as technology shares steadied somewhat to end a turbulent week for the market-driving AI trade, and investors looked ahead to a busy slate of corporate earnings and a Federal Reserve interest-rate policy meeting.
On Friday, Dow Jones Industrial Average fell 652.82 points, or 1.23 per cent, to 52,215.16; the S&P 500 lost 39.75 points, or 0.52 per cent, to 7,623.68 and the Nasdaq Composite lost 53.52 points, or 0.21 per cent, to 25,955.34.