US Stocks Fall Ahead of High-Stakes Week: Trade Talks and Earnings Loom

Stocks in the US are expected to fall ahead of a high-stakes week that will see several key events unfold. On Monday, investors will be watching for comments from US Treasury Secretary Scott Bessent regarding Iran, as well as the release of PCE data.

Nvidia is also set to report its earnings later in the week, and Fed Chair Kevin Warsh is scheduled to make remarks on Friday.

Canada's chances of resuming trade negotiations with the US are seen as slim, at least until after the US midterm elections. According to Sharon Bell of Goldman Sachs, 'the US and Europe's stock markets' have different characteristics, but she does not elaborate further.