Overview
The U.S. stock market maintained its upward trend due to positive corporate earnings and expectations of a trade deal resolution. Over 80% of S&P 500 companies surpassed earnings expectations. However, some warnings have been issued about asset overvaluation as this rally continues.
| Nasdaq Composite | S&P 500 |
| Dow Jones Industrial Average | 1 South Korean won equals |
A Major News Story
Global investor sentiment is recovering as progress is made in U.S. trade agreements with major countries. President Trump hinted at easing tariff tensions as he began discussions on trade agreements, while the Federal Reserve's potential rate cut became a focal point. Some experts cautioned about increasing risks amidst regulatory relaxation, but the overall outlook remains positive.
Tomorrow's Economic Indicators
| Announcement Time | Content |
|---|---|
| 8:30 AM | U.S. July Durable Goods Orders |
| 2:00 PM | U.S. 2-Year Treasury Auction |
General Opinion
Investors are closely watching the Federal Reserve's rate decisions, with attention to key economic reports next week. The economic outlook remains relatively positive, especially as big tech companies' earnings releases are expected to significantly influence the market.
