Overview
Recent reports show that over 80% of S&P 500 companies have beaten earnings expectations. While there are concerns about potential asset overvaluation, some experts warn of the risks amplified by the ongoing deregulation in the financial sector. Nonetheless, investor sentiment remains largely positive, buoyed by the current market outlook.
| Nasdaq Composite | S&P 500 |
| Dow Jones Industrial Average | 1 South Korean won equals |
A Major News Story
President Trump has started discussing trade agreements with major countries, restoring investor confidence globally. As tariff-related tensions ease and negotiations progress, risk assets have started to rebound. Meanwhile, President Trump expressed optimism that the Federal Reserve might consider cutting interest rates, following a positive meeting with Fed Chair Powell.
Tomorrow's Economic Indicators
| Release Time | Economic Indicator |
|---|---|
| 8:30 AM | U.S. July Durable Goods Orders |
| 2:00 PM | U.S. 2-Year Treasury Auction |
A General Opinion
The coming week is poised to be critical for the stock market's direction. Investors will be closely observing the Federal Reserve's interest rate decision. According to CME FedWatch, there is a 60% chance that the Fed will hold interest rates in this meeting but might cut them in September. Additionally, the upcoming employment report and the looming trade negotiation deadline on August 1st are key variables that could impact the market. With the earnings season reaching its peak, all eyes will be on major tech companies like Amazon, Microsoft, and Meta as they release their results.
