⚠️BREAKING: *U.S. STOCKS RISE ON SOFT LANDING HOPES, SHARES ON TRACK FOR STRONG JULY GAINS $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
) and AMD later this week, while July ISM Manufacturing reading and three sets of employment data, including July's non-farm payrolls, are also in focus.companies are now estimated to have fallen 6.4% year-over-year, according to Refinitiv data. While still negative, the forecast is an improvement from the 7.9% drop estimated a week earlier.
"It looks like investors are taking a little bit of a pause," said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance. "The jury is still out on Amazon and Apple and markets are waiting to see if we get some positive news like we got out of Meta or Google, or if we see somewhat disappointing news like we saw with Microsoft ."
The tech-heavy Nasdaq led Wall Street higher last week as megacap growth companies such as Alphabet (NASDAQ:
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