Traders worked on the floor of the New York Stock Exchange in New York City on July 23, 2025.
Spencer Platt | Getty Images
this S&P 500 On Monday, as investors showed limited enthusiasm, The highly anticipated trade deal was announced between the United States and the European Union.
Shortly after the opening clock, touching the new record-high market, with the wide market index rising 0.1%. this Dow Jones Industrial Average Hover around the plane, and Nasdaq Composite Materials Increased by 0.3%. The technology-heavy index also set a record on Monday.
The move comes after President Donald Trump announced on Sunday that the United States has reached an agreement with the EU to reduce tariffs to 15%. The president has previously threatened the 30% tariff on the largest imports of the United States.
“While sentiment is getting more and more bullish, there is a bit of hesitation to chase stocks at a record high in the near future, ahead of the busiest weeks of the year.”
This week, Wall Street will examine revenues from several major tech companies, a key Fed meeting, a Trump tariff deadline on Friday, and important inflation data. This will be the busiest week of the income season.
More than 150 companies in the S&P 500 will release their quarterly results on Wednesday, including the “magnificent Seven” name Meta Platform and Microsoft, followed by Amazon and Apple on Thursday. Investors will listen to the company’s comments on AI spending to guide whether there is a reason to make large-scale investments this year.
The Fed will also end a two-day policy meeting on Wednesday. While central banks are expected to keep their main short-term interest rates at their current target range of 4.25%-4.5%, investors will look for clues as to whether interest rates can be lowered at their September meeting.
Despite few economic cases on Monday, there are various key versions held for the rest of the week.
The first eye for economic growth in the first quarter will take place Wednesday when the Commerce Department released its estimates of true GDP growth. Economists surveyed by the Dow Jones expect U.S. economies to grow by 2.3% annually after a 0.5% decline in the first quarter.
“This week was a trader dreaming about. There were a lot of adventures,” said Jay Woods, chief global strategist at free capital markets. “What is the biggest title between the FOMC's decision and the Fed's chairman's press conference?”
Tariffs and their impact on inflation will continue to be focused on Thursday as traders get the June personal consumption expenditure price index, which is the Fed's top choice for inflation. According to consensus estimates from Dow Jones, the report is expected to show that inflation has risen to a core inflation rate, which does not include food and energy, is stable at 2.7%, and headline inflation has risen to 2.5%. The meter is expected to show an increase of 0.3% per month.
Investors will also get a batch of employment-related data this week, including a survey of job openings and labor transfers on Tuesday, or shock, ADP’s private pay report on Wednesday, preliminary unemployed claims on Thursday, and Friday’s Key July Job Report. The report is expected to show that the economy added 102,000 jobs in July, down from 147,000 in June. The unemployment rate is expected to show a slight impact of 4.1% to 4.2%.