Helpful miscellaneous articles
regarding our retirement plan and planning.
Like you, I review my retirement nestegg and plan from time to
time. Recently, I went though some continued
education for some credentials I maintain and it occurred to me that we all
could use a review about these issues.
So with your help, we will share and post articles and info that may be
helpful and of interest to many of you in this section.
Dow futures rise on US-EU trade pact as investors brace
for fast and furious week of earnings, China talks, Fed, GDP, jobs report,
tariff deadline
By Jason MaWeekend Editor
July
27, 2025 at 6:21 PM EDT
U.S. stock
futures pointed to more gains after a week
filled with record highs as Wall Street cheered the U.S.-EU trade deal
announced on Sunday. Investors are also bracing for a frantic week loaded with
market-moving events such as earnings from top companies, key economic reports,
the Fed’s policy meeting and more trade news.
Wall Street
looks to begin a jam-packed week on a high note as investors cheer the U.S.-EU
trade deal that was announced on Sunday.
The agreement with America’s
biggest trading partner removes
a key source of market uncertainty and the threat of a damaging trade war. It
also adds to an increasingly bullish narrative as the S&P 500 notched
five record highs last
week.
Futures tied
to the Dow Jones Industrial Average climbed 161 points, or 0.36%.
S&P 500 futures were up 0.34%, and Nasdaq futures
rose 0.46%.
The yield on
the 10-year Treasury was flat at 4.386%. The U.S. dollar dipped 0.12% against
the euro but was steady against the yen.
Trump’s deals
with the EU and Japan set 15% tariffs rates on both trade parters, who have
also vowed to invest hundreds of billions of dollars in the U.S.
Gold edged
down 0.15% to $3,330.50 per ounce. U.S. oil prices rose 0.1% to $65.22 per
barrel, and Brent crude climbed 0.1% to $68.51.
Investors
will not be able to look away over the coming week as every single day could
produce significant market-moving news.
High-stakes
trade negotiations between Treasury Secretary Scott Bessent and Chinese Vice
Premier He Lifeng are scheduled to start on Monday in Stockholm. That
comes as a tariff truce between the two sides is due to end Aug. 12, though
they are reportedly going to extend the deadline by 90
days.
Tariff drama
will continue throughout the week as other countries try to reach deals with
the U.S. before Friday’s deadline, when a pause on aggressive “reciprocal”
rates will expire.
Meanwhile,
Trump’s tariffs face legal challenges, with a court hearing scheduled Thursday
on whether the president has authority under the International Emergency
Economic Powers Act to impose wide-ranging duties.
On Tuesday,
the Federal Reserve will begin its two-day policy meeting. Analysts don’t
expect the central bank to adjust rates, but Governor Christopher Waller has
indicated he will dissent and call for a cut.
Chairman
Jerome Powell’s press briefing on Wednesday afternoon will likely be dominated
by questions related to the White House’s attacks about renovations at the
Fed’s headquarters and calls from Trump allies for Powell to be ousted due to
the project’s cost overruns.
Meanwhile,
several closely watched datasets are due that will offer more clues on how
tariffs may—or may not—be impacting the economy. On Tuesday, reports on
consumer confidence, home prices, and job openings will come out.
On Wednesday,
ADP’s private-sector payroll survey, second-quarter GDP data, and pending home
sales are scheduled.
On Thursday,
weekly jobless claims and the personal consumption expenditures report, which
includes the Fed’s preferred inflation gauge, are due.
And on
Friday, the Labor Department’s monthly jobs report, the Institute for Supply
Management’s manufacturing activity index, and construction spending round out
the week in data.
Don’t forget
earnings. Boeing announces quarterly results on
Tuesday, Microsoft follows on Wednesday, while Apple and Amazon report Thursday. Oil giants
Exxon Mobil and Chevron put out their numbers on Friday.
(As with any of these informative articles,
anyone who needs someone to talk to about
this
very subject contact me and I can direct you to a knowledgeable advisor).
No comments:
Post a Comment