
US Stock market prediction: Will Wall Street perform in green on Monday?
's strength will be tested as earnings season heats up. 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.
The S&P 500 has surged 26 per cent since April, as investors shook off fears about a recession which had stemmed from President Donald Trump's "Liberation Day" tariff announcement.
Explore courses from Top Institutes in
Select a Course Category
Data Science
Data Science
Product Management
Operations Management
others
Design Thinking
CXO
Finance
Technology
Artificial Intelligence
MBA
Project Management
MCA
Healthcare
Data Analytics
Cybersecurity
PGDM
healthcare
Degree
Digital Marketing
Management
Leadership
Public Policy
Others
Skills you'll gain:
Strategic Data-Analysis, including Data Mining & Preparation
Predictive Modeling & Advanced Clustering Techniques
Machine Learning Concepts & Regression Analysis
Cutting-edge applications of AI, like NLP & Generative AI
Duration:
8 Months
IIM Kozhikode
Professional Certificate in Data Science and Artificial Intelligence
Starts on
Jun 26, 2024
Get Details
Skills you'll gain:
Data Analysis & Interpretation
Programming Proficiency
Problem-Solving Skills
Machine Learning & Artificial Intelligence
Duration:
24 Months
Vellore Institute of Technology
VIT MSc in Data Science
Starts on
Aug 14, 2024
Get Details
This earnings season "seems to be especially important because of the rebound that the market has had," said Chuck Carlson, chief executive officer at Horizon Investment Services. "I would think that that has built in a fair amount of optimism in terms of earnings."
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
The Dark Truth Nobody Talks About
Youtube
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.
Live Events
The S&P 500 aerospace and defense industry group has surged 30 per cent this year. Defense companies to report in the coming week include RTX, Lockheed Martin and General Dynamics.
GE Aerospace, whose shares have soared about 55 per cent this year, raised its 2025 profit forecast on Thursday.
Another industrial company spun off from legacy General Electric last year, GE Vernova, has seen its shares skyrocket over 70% this year, making it the best-performing industrial sector stock. The power equipment maker's results are due Wednesday.
The push for reshoring infrastructure and expansion of artificial intelligence, which has lifted demand for cooling systems and factory automation, are two themes that have supported a number of stocks in the industry, including Eaton and Rockwell Automation, said Robert Pavlik, senior portfolio manager at Dakota Wealth Management.
Another stock that has supported the industrial sector this year: Ride-hailing giant Uber, whose shares are up roughly 50 per cent.
"Unlike many non-Tech groups, there are a lot of solid stories here that don't rely on macro forces to deliver solid forward returns," Nicholas Colas, co-founder of DataTrek Research, said in a note on Wednesday. Large cap industrials still look attractive despite the group's recent run, Colas said.
Indeed, while industrials have been viewed historically as closely tied to the fortunes of the economy, declines for a number of growth-cycle-linked stocks have weighed on the sector's performance.
Shares of package delivery firms UPS and FedEx have posted sharp declines, while airlines including United Airlines and trucking companies such as JB Hunt Transport Services are also negative for the year.
"There are economically sensitive (areas) within industrials that are not doing well," said Walter Todd, chief investment officer at Greenwood Capital.
Other industrial companies slated to report in the coming week are
Honeywell
, Union Pacific and United Rentals.
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.
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 S&P 500 has climbed about 7 per cent so far this year.
FAQs
Q1. What are key indexes of US Stock Market?
A1. Key indexes of US Stock Market are S&P 500, Dow Jones, and
Nasdaq
.
Q2. How has S&P 500 performed?
A2. The S&P 500 has climbed about 7 per cent so far this year.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Mint
24 minutes ago
- Mint
Oil prices steady with trade talks in focus
NEW YORK (Reuters) -Oil prices were little changed on Wednesday as investors assessed trade developments between the European Union and the U.S. after President Donald Trump reached a tariff deal with Japan. Brent crude futures settled 8 cents, or 0.12%, lower at $68.51 a barrel, while U.S. West Texas Intermediate crude futures were down 6 cents, or 0.09%, at $65.25 per barrel. On Wednesday, EU officials said they were heading towards a trade deal with Washington that would result in a broad 15% tariff on EU goods imported into the U.S., avoiding a harsher 30% levy slated to be implemented from August 1. Just hours earlier, Trump said the U.S. and Japan had struck a trade deal that lowers tariffs on auto imports and spares Tokyo from punishing new levies on other goods in exchange for a $550 billion package of U.S.-bound investment and loans. "The trade deal with Japan might be a template for trade deals with other countries," said Andrew Lipow, president of Lipow Oil Associates. "On the other hand, the market is still concerned about the U.S. coming to an agreement with the European Union and China." The European Commission planned to submit counter-tariffs on 93 billion euros ($109 billion) of U.S. goods for approval to EU members. A vote is expected on Thursday, though no measures would be imposed until August 7. Both benchmarks lost about 1% on Tuesday after the EU said it was considering countermeasures against U.S. tariffs. "The slide (in prices) of the past three sessions appears to have abated, but I don't expect much of an upward impetus from news of the U.S.-Japan trade deal as the hurdles and delays being reported in talks with the EU and China will remain a drag on sentiment," said Vandana Hari, founder of oil market analysis provider Vanda Insights. On the supply side, U.S. Energy Information Administration data showed U.S. crude inventories fell last week by 3.2 million barrels to 419 million barrels, compared with analysts' expectations in a Reuters poll for a 1.6 million-barrel draw. "That's a bullish swing," said Bob Yawger, director of energy futures at Mizuho. "It was largely a function of import-export dynamics." U.S. crude exports were up by 337,000 barrels per day (bpd) to 3.86 million bpd, while net U.S. crude imports fell last week by 740,000 barrels per day, the EIA said. In another bullish sign for the crude market, the U.S. energy secretary said on Tuesday that the U.S. would consider sanctioning Russian oil to end the war in Ukraine. The EU on Friday agreed its 18th sanctions package against Russia, lowering the price cap for Russian crude. (Reporting by Nicole Jao in New York, Enes Tunagur ın London, Mohi Narayan in New Delhi, additional reporting by Colleen Howe in Beijing; Editing by Bernadette Baum, Ed Osmond, Leslie Adler and Daniel Wallis)


Time of India
39 minutes ago
- Time of India
Govt issues notices to inactive mine leaseholders in Bundi
Jaipur: The state govt has launched a drive against mines lying inactive for a long time in Bundi district, targeting leaseholders who failed to commence mineral production despite holding valid leases. Acting on official directives, the department of mines identified 159 such leaseholders. In the first phase of enforcement, notices are being issued to 121 of them. According to a senior mining official, the highest concentration of dormant mines is in Dabi and Baran regions. "Of the 433 mines in the district, operations in 149 remained suspended for a considerable time. Among these, 121 leaseholders continue to pay lease rent and royalty without initiating production, prompting the department to serve formal notices," the official said. Authorities have cautioned that if mining activities are not resumed following the notices, the leases may be subject to cancellation. However, the govt's move has sparked opposition from mine operators. They argued that despite regular payment of royalty and dead rent, they are now facing punitive action. They attribute the prolonged inactivity to factors beyond their control, including the economic slump post-Covid and a significant drop in exports due to the Russia–Ukraine conflict. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like IQ Worldwide - Test your Intelligence, know your IQ Score Try Now Undo Ashok Kumar Jain, secretary of the Bundi Sandstone Owners Development Committee, alleged that the new policy appears to be an attempt to harass mine operators. "There was no such rule earlier. Leaseholders paused operations as mineral rates were not viable. They were waiting for the right time to resume work. The govt should acknowledge current industry challenges and grant at least a year's grace period to restart operations," he said. Other leaseholders echoed similar concerns, maintaining that they have not engaged in any illegal activity and have consistently contributed to the state's revenue. They urged the govt to consider relief measures based on earlier regulations. A leaseholder also highlighted inconsistencies in enforcement, stating, "In Bhilwara district, just 2 km from Bundi, overloading is permitted, while in Bundi, strict restrictions are in place. Many operators transport material from Bhilwara using transit permits, giving the impression that no production is occurring in Bundi. These discrepancies must be addressed."


Time of India
an hour ago
- Time of India
GNIDA launches plot scheme for hospitals and edu institutions
Noida: Greater Noida Industrial Development Authority (GNIDA) launched a scheme to allot six plots for vocational training or academic institutes in Knowledge Park 5, and four plots for hospitals across sectors Mu, Knowledge Park 5, Omicron 1A and Knowledge Park 2. Applications are being invited through online bidding until August 12. The scheme, which opened on July 22, aims to attract reputed educational and healthcare institutions to set up operations in the region Under the scheme, allottees can develop facilities such as schools, colleges, vocational training centres, universities, hospitals, nursing homes, and yoga and meditation centres. Six institutional plots are available in Sector Knowledge Park 5, with reserve prices ranging from Rs 3.3 crore to Rs 12 crore. The largest among these is a 4,080 sqm plot with a base price of Rs 12 crore, while the smallest is 1,065 sqm, priced at Rs 3.3 crore. You Can Also Check: Noida AQI | Weather in Noida | Bank Holidays in Noida | Public Holidays in Noida Additonally, four plots have been earmarked for hospital use in Knowledge Park 2, Knowledge Park 5, Omicron 1A, and Sector Mu. The largest of these is a 25,852 sqm plot in Knowledge Park 2 with a reserve price of Rs 73 crore. The others include a 22,737 sqm plot in Knowledge Park 5 priced at Rs 57.9 crore, a 10,005 sqm plot in Sector Mu at Rs 36.9 crore, and a 4,500 sqm plot in Omicron 1A priced at Rs 19.3 crore. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo "The scheme is expected to attract reputed educational and healthcare players, adding to the city's profile as a hub for institutional development," a GNIDA official said. Plots will be allotted through a competitive bidding process, and the detailed brochure is available on the GNIDA website.