Packed Week Ahead
A slate of heavyweight earnings and key economic reports will put the market's rally to the test next week, after the S&P 500 climbed 1.5% last week to notch another record close in a broad advance.
Impact Snapshot
JOLTS Job Openings - Tuesday
ADP Nonfarm Payrolls - Wednesday
U.S. Q2 GDP - Wednesday
FED rate decision - Wednesday
PCE Inflation - Thursday
Unemployment Rate - Friday
Key Earnings: MSFT 0.00%↑ AAPL 0.00%↑ META 0.00%↑ AMZN 0.00%↑
Macro Viewpoint
The U.S. announced trade deals with Japan and the Philippines this week. A number of stocks were also boosted by better-than-expected quarterly results.
The market continues its relentless melt-up levitation as it has every single July for the past decade.
A slew of upcoming key data releases will provide insights into the health of the U.S. economy and workforce.
Economic data will include Q2 gross domestic product, the June personal consumption expenditures index, and July employment data.
On the earnings tap, four of the Magnificent Seven companies are reporting during the week.
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