| Last week's change (July 14-18): This week, all eyes are on a wave of key earnings from S&P 500 giants including Verizon, Alphabet, Tesla, Coca-Cola, and Intel, as over 85% of companies are yet to report. With 86% of early results beating EPS estimates and 67% surpassing sales forecasts, expectations are rising — and so is market pressure.
Traders are also watching U.S. CPI and retail sales data for signs of inflation trends, as well as political uncertainty in Japan following election losses that could disrupt trade talks with the U.S. Tensions between the U.S. and EU are escalating ahead of the August 1 tariff deadline, with the EU preparing countermeasures.
Meanwhile, crypto stocks are gaining traction on regulatory developments, and China’s markets rise on stimulus signals and AI momentum.
Week 29 results:
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