🟡Monday: Chicago PMI; 2 Fed Speakers
🟡Tuesday: ISM Mfg. PMI, JOLTs; Fed Chair Powell Speech; $STZ Earnings
🟡Wednesday: ADP Payrolls; $TSLA Q2 Deliveries
🔴Thursday: Nonfarm Payrolls, Unemployment Rate, Jobless Claims, ISM Services PMI’ U.S. Stocks Close At 1PM
⚪️Friday: 4thof July Holiday - U.S. Stocks Closed
-US equity futures climbed as progress in trade negotiations between the Trump administration and key partners added to the upbeat sentiment that had pushed the S&P 500 to a fresh record high.
-Contracts for the US equity benchmark rose 0.4%, while those for the Nasdaq 100 advanced 0.5%. European and Asian equities were flat. The dollar resumed its decline, falling 0.2% against a basket of currencies to trade near three-year lows.
-US stocks hit an all-time high last week on signs of reduced geopolitical tension and a resilient economy, despite US President Donald Trump’s drive to overhaul global trade through tariffs.
-With Trump’s July 9 trade talk deadline fast approaching, negotiations with major partners such as China and the EU are making progress.
-Investors will also turn to upcoming economic data, including the monthly payrolls report due Thursday, to assess the strength of the economy and the outlook for rates.
