U.S. stocks ended Friday notably lower as investors weighed fresh economic data alongside persistent geopolitical tensions, leaving the major benchmarks in the red at the end of the session.
The Dow Jones Industrial Average (DJI) declined 0.2%, while the S&P 500 (SP500) slipped 0.6%. At the same time, the technology-heavy Nasdaq Composite (COMP:IND) also edged down by 0.9%.
Now, here are three focus points for investors on Monday:
Investors will be closely watching the upcoming industrial production report, which is expected to offer fresh insight into the health and momentum of the manufacturing and industrial sectors. The data could influence expectations around the broader economic outlook and the Federal Reserve’s policy path.
Traders will also keep a close eye on crude oil (CL1:COM) after prices moved sharply higher during Friday’s session. Investors will be evaluating whether ongoing uncertainty surrounding Iran and the Strait of Hormuz continues to drive volatility in energy markets in the days ahead.
Investors will be closely watching Dollar Tree (DLTR) on Monday as the discount retailer is scheduled to report its latest quarterly results before the market opens, followed by an investor conference call with management.
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