{"id":69446,"date":"2026-02-02T12:53:51","date_gmt":"2026-02-02T12:53:51","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/02\/02\/wall-street-might-continue-in-negative-territory-4\/"},"modified":"2026-02-02T12:53:51","modified_gmt":"2026-02-02T12:53:51","slug":"wall-street-might-continue-in-negative-territory-4","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/02\/02\/wall-street-might-continue-in-negative-territory-4\/","title":{"rendered":"Wall Street Might Continue In Negative Territory"},"content":{"rendered":"
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On a lean day of economic announcements, manufacturing data Index might get attention on Monday. The Labor Department’s monthly jobs is scheduled this week.<\/p>\n

Early signs from the U.S. Futures Index suggest that Wall Street might open moderately down. <\/p>\n

During Asian trading hours, gold fell over 5 percent and silver down nearly 8 percent. Oil prices fell nearly 5 percent.<\/p>\n

As of 7.35 am ET, the Dow futures were declining 37.00 points, the S&P 500 futures were sliding 24.50 points and the Nasdaq 100 futures were down 170.00 points.<\/p>\n

The U.S major averages finished lower on Friday. The tech-heavy Nasdaq was down 223.30 points or 0.9 percent at 23,461.82, while the Dow slid 179.09 points or 0.4 percent to 48,892.47 and the S&P 500 fell 29.98 points or 0.4 percent to 6,939.03.<\/p>\n

On the economic front, the PMI Manufacturing Final for January will be issued at 9.45 am. The consensus is 51.9, while January flash was 51.9. <\/p>\n

ISM Manufacturing Index for January will be released at 10.00 am ET. The consensus is 48.5, while it was up 47.9 in the prior month.<\/p>\n

Three-month and six-month Treasury Bill auctions will be held at 11.30 am ET. <\/p>\n

Atlanta Fed President Raphael Bostic to participate in moderated conversation on monetary policy before the Atlanta Rotary Club 12.30 pm ET. <\/p>\n

Asian stocks finished lower on Monday. Chinese and Hong Kong markets<\/span> tumbled. China’s Shanghai Composite index slumped 2.48 percent to 4,015.75 while Hong Kong’s Hang Seng index plummeted 2.23 percent to 26,775.57.<\/p>\n

Japanese markets finished lower. The Nikkei average ended down 1.25 percent at 52,655.18. The broader Topix index settled 0.85 percent lower at 3,536.13.<\/p>\n

Australian markets closed lower, with the benchmark S&P\/ASX 200 falling 1.02 percent to 8,778.60. <\/p>\n<\/p>\n

Business News<\/p>\n<\/div>\n