Earnings season is gaining momentum as several companies, including Amazon.com, McDonald’s, and Coca-Cola, prepare to release their results. HSBC has reported first-quarter profit in line with expectations and announced the departure of Chief Executive Noel Quinn. Stock futures are slightly lower, with all three major indexes set for their weakest monthly performance this year. The benchmark 10-year yield has edged higher. China’s stock indexes have shown minimal movement following data indicating a slight slowdown in its manufacturing sector.
