US stock market outlook: S&P 500, Nasdaq, Dow Jones performance to be driven by three critical factors from July 21. Details here
indexes S&P 500, Nasdaq, and
Dow Jones
will have testing time at Wall Street on Monday as companies' earnings season heats up. S&P 500 has climbed about 7 per cent so far this year and the critical index surged 26 per cent since April. While major companies will announce their earnings reports, investors will follow developments on the US Tariffs deadline. Looking ahead to next week, traders will be eyeing Fed Chair Jerome Powell's remarks on Tuesday at a conference in Washington. On Friday, S&P 500 dropped 0.57 points, or less than 0.1 per cent, to 6,296.79, Dow Jones Industrial Average fell 142.30 points, or 0.3 per cent, to 44,342.19 and
Nasdaq
composite rose 10.01 points, or less than 0.1 per cent, to 20,895.66. The Russell 2000 index of smaller companies was down by 13.68 points, or 0.6 per cent, to 2,240.01.
Alphabet, Tesla, Coca-Cola Earnings
Explore courses from Top Institutes in
Select a Course Category
Data Analytics
MCA
MBA
Cybersecurity
Leadership
Design Thinking
Operations Management
Digital Marketing
Management
Others
Technology
Healthcare
PGDM
Public Policy
Finance
healthcare
Artificial Intelligence
Project Management
CXO
Data Science
Product Management
Data Science
others
Degree
Skills you'll gain:
Data Analysis & Visualization
Predictive Analytics & Machine Learning
Business Intelligence & Data-Driven Decision Making
Analytics Strategy & Implementation
Duration:
12 Weeks
Indian School of Business
Applied Business Analytics
Starts on
Jun 13, 2024
Get Details
Momentum for the industrials sector and the broader market will be in focus with a heavy upcoming week of second-quarter earnings, which includes reports from more than one-fifth of the S&P 500, led by Alphabet and Tesla, the first of the "Magnificent Seven" megacap tech and growth companies to report.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Crossout: New Apocalyptic MMO
Crossout
Play Now
Undo
A number of industrials will be in the earnings spotlight as well. Aerospace and defense stocks have boosted the sector's performance this year, driven by heightened geopolitical tensions in the Middle East and Ukraine and fresh spending commitments by Germany and other nations.
"Investors are gearing up for next week," said Peter Cardillo of Spartan Capital Securities, noting that major brands like Coca-Cola, Tesla and Mattel are set to report their earnings.
Live Events
US Tariff Announcement
Beyond earnings, Wall Street will continue to focus on any developments on trade ahead of August 1, when higher U.S. tariffs on numerous trading partners are set to take effect.
Traders will be looking for more clarity on Financial Times report on Friday that US President Donald Trump is pushing for a minimum tariff of 15-20 percent on European Union products in any deal with the bloc. This would mark a higher level than the 10 percent added tariff the EU -- and most other US trading partners -- are facing.
US Fed Interest Rate Meet
Investors will also be sensitive to news on the Federal Reserve, with Fed Chair Jerome Powell facing fresh pressure from Trump to resign as the president presses the central bank to lower interest rates. The Fed's next monetary policy meeting is July 29-30.
The market has shown resilience despite "an incredible amount of uncertainty," said Eric Kuby, chief investment officer at North Star Investment Management Corp. "We continue to be surprised at how well stocks are trading given a lot of what would seem to be significant headwinds," Kuby said.
FAQs
Q1. What are key indexes of US Stock Market?
A1. Key indexes of US Stock Market are S&P 500, Nasdaq, Dow Jones, and Russell 2000.
Q2. When will US tariffs will be effective from?
A2. August 1 is when higher U.S. tariffs on numerous trading partners are set to take effect.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Standard
an hour ago
- Business Standard
Barometers edge lower in early trade; VIX jumps 1.33%
The domestic equity indices traded with minor losses in early trade. The Nifty traded below the 24,900 level. Metal, financial services and realty shares advanced while oil & gas, IT and PSU bank shares declined. At 09:30 IST, the barometer index, the S&P BSE Sensex, fell 162.29 points or 0.19% to 81,597.01. The Nifty 50 index shed 66.50 points or 0.27% to 24,901.27. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index shed 0.24% and the S&P BSE Small-Cap index fell 0.52%. The market breadth was negative. On the BSE, 1,270 shares rose and 1,749 shares fell. A total of 176 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, added 1.33% to 11.55. Foreign portfolio investors (FPIs) bought shares worth Rs 374.74 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 2,103.51 crore in the Indian equity market on 18 July 2025, provisional data showed. Economy: India's forex reserves fell $3.04 billion to $699.74 billion for the week ending July 4, data by the Reserve Bank of India showed on Friday. For the week ending on July 4, foreign currency assets, a major component of the reserves, decreased $3.53 billion to $591.29 billion. Gold reserves were up by $342 million to stand at $84.5 billion during the week, the RBI said. The special drawing rights (SDR) were up $39 million to $18.86 billion, As per the data, India's reserve position with the IMF was also down $107 million at $4.73 billion in the reporting week. Stocks in Spotlight: Ceigall India rose 0.22%. The company announced that it has emerged as lowest (L1) bidder for a Rs 58.5 crore project awarded by REC Power Development and Consultancy (RECPDC) for establishment of the 400/220 KV Velgaon substation near Palghar. HDFC Bank rose 1.46% after the banks profit after tax (PAT) for the quarter ended June 2025 was at Rs 18,155.21 crore, a growth of 12.24% over the quarter ended June 2024. Net interest income (interest earned less interest expended) for the quarter ended June 2025 grew by 5.4% to Rs 31,440 crore from Rs 29,840 crore for the quarter ended June 2024. Numbers to Track: The yield on India's 10-year benchmark federal paper rose 0.02% to 6.306 from the previous close of 6.305. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 85.3050 compared with its close of 86.1650 during the previous trading session. MCX Gold futures for 5 August 2025 settlement rose 0.10% to Rs 98,119. The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.01% to 98.45. The United States 10-year bond yield shed 0.14% to 4.425. Global Markets: Most Asian stocks traded higher on Monday after the Peoples Bank of China opted to leave its key loan prime rates unchanged, keeping the 1-year rate at 3.0% and the 5-year rate at 3.5%. This move provided a measure of stability in the region, even as broader market sentiment remained shaped by renewed concerns over global trade policy. Trade developments came back into focus over the weekend following strong signals from Washington. The White House reiterated its stance on tariffs, with U.S. Commerce Secretary Howard Lutnick designating August 1 as the definitive deadline for countries to begin paying newly announced tariffs. Still, Lutnick added that negotiations could continue beyond that date, suggesting a potential window for ongoing dialogue. In the U.S., major equity indices lost some ground on Friday as uncertainty around the Trump administrations trade strategy persisted. Reports indicated that President Trump remained intent on imposing a 15% to 20% levy on the European Union, even if a broader deal is reached, while the EU was said to be arguing for a 10% tariff in response. Despite continued statements from the White House about ongoing negotiations, the number of new trade deals announced remains notably lower than what Trump had promised earlier in the year.
Business Standard
2 hours ago
- Business Standard
Wall Street Mixed as Nasdaq Hits Record Close, Profit-Taking and Sector Swings Follow
Despite upbeat economic data and record intraday highs, markets closed mixed with Netflix and biotech stocks weighing on gains while utilities and brokerages saw strong advances. The Nasdaq inched up 10.01 points (0.1%) to a new record closing high of 20,895.66, the S&P 500 edged down 0.57 points or less than a tenth of a percent to 6,296.79 and the Dow fell 142.30 points (0.3%) to 44,342.19. Stocks initially climbed on Wall Street, buoyed by Thursday's positive U.S. economic data that calmed fears over Trumps trade wars. However, gains faded as investors took profits after the Nasdaq and S&P 500 hit new intraday records. Netflix slumped by 5.1% which came after the company reported better than expected second quarter results but warned its operating margin in the second half will be lower than the first half. American Express (AXP) and 3M (MMM) too notably moved downwards even though the companies reported second quarter results that exceeded estimates. University of Michigan said its consumer sentiment index climbed to 61.8 in July after surging to 60.7 in June. Utilities stocks moved strongly upwards, with the Dow Jones Utilities Average climbing by 1.6% to its best closing level in over seven months. Brokerage stocks were considerably strong, as reflected by the 1.3% gain posted by the NYSE Arca Securities Broker/Dealer Index. Interactive Brokers (IBKR) helped lead the sector higher, surging by 7.8% after reporting better than expected second quarter results. Biotechnology stocks came under pressure over the course of the session, dragging the NYSE Arca Biotechnology Index down by 2.2%. Airline and oil service stocks too notably moved downside, offsetting the strength in the aforementioned sectors. Asia-Pacific stocks turned in a mixed performance. Japan's Nikkei 225 Index dipped by 0.2%, while China's Shanghai Composite Index increased by 0.5%. The major European markets also ended the day mixed while the German DAX Index fell by 0.3%, the French CAC 40 Index closed just above the unchanged line and the U.K.'s FTSE 100 Index rose by 0.2%. In the bond market, treasuries moved to the upside after ending the previous session roughly flat. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, fell 3.1 bps to 4.43%.
&w=3840&q=100)
Business Standard
2 hours ago
- Business Standard
Rupee opens lower at 86.22/$, tracking Asian peers and firm dollar
The Indian rupee posted a lower start to the week, tracking weakness in Asian peers against a firm dollar and a slight uptick in crude oil prices. The domestic currency opened 7 paise lower at 86.22 against the dollar on Monday, according to Bloomberg. The rupee has witnessed over 0.8 per cent depreciation in the current calendar year. The rupee has declined nearly 1 per cent over the past two weeks and is now trading close to its lowest level in almost a month as traders focus remains on a possible tariff deal with the US ahead of the August 1 deadline. The Indian rupee has shown weakness as the US dollar recovers, and it is expected to trade in the range of 85.90 to 86.40 with a downward bias, according to Anil Kumar Bhansali, head of treasury and executive director at Finrex Treasury Advisors LLP. The trade deal with the US remains stalled due to unresolved issues around agriculture and automobiles, he noted. Markets will closely watch remarks from US Federal Reserve Chair Jerome Powell on Tuesday, especially after criticism from the US President over his reluctance to cut rates. In India, attention is also turning to the possibility of domestic rate cuts, following a sharper-than-expected decline in inflation to 2.1 per cent, a more than six-year low, Bhansali said. "The combination of falling inflation, surplus liquidity, and weak high-frequency data suggesting a potential economic slowdown is contributing to pressure on the rupee." After falling for fice straight months, the dollar index has recovered 1.5 per cent in July on strong economic data and less probability of an immediate rate cut. The measure of the greenback against a basket of six major currencies was down 0.02 per cent at 98.46. Key global events this week include a speech by US Fed Chair Powell and ECB President Lagarde on July 22. For the dollar-rupee pair, the 85.80 level is seen as support, while 86.40 acts as resistance, according to Kunal Sodhani, head of treasury at Shinhan Bank India.
