New York Stock Market Enters 'Super Week' with Earnings Reports and Inflation Data

The Consumer Price Index (CPI) for June is set to be released on July 14, followed by the Producer Price Index (PPI) for June on July 15.

Additionally, retail sales data for June is scheduled for release on July 16.

The three major U.S. stock indices closed slightly higher at the end of last week.

This week, the New York stock market enters what is being called a "Super Week," as the start of major corporate earnings reports coincides with the release of key inflation indicators, which will determine the market's direction.

While investors are focused on the trajectory of inflation data, which will directly impact the Federal Reserve's interest rate path, there is a possibility that market reassessments regarding interest rate forecasts could spread if upward pressure on oil prices—driven by renewed geopolitical tensions between the U.S. and Iran—persists.

Meanwhile, Federal Reserve Governor Kevin Warsh is scheduled to appear before the Senate and House committees for a two-day report starting July 14.

Due to the policy of abolishing forward guidance, direct comments on policy direction are expected to be limited.

Ahead of the Federal Open Market Committee (FOMC) meeting later this month, the Federal Reserve is scheduled to release the Beige Book, a report on current economic conditions, on July 15.

On July 14, major Wall Street banks, including JPMorgan Chase and Goldman Sachs, will signal the start of the earnings season amid expectations of strong performance.

Earnings reports from companies such as ASML and Morgan Stanley are scheduled for July 15, while Netflix and TSMC are set to release their results on July 16.

The New York stock market is expected to see increased volatility this week, depending on the verification of actual AI investment profitability by companies and the direction of the June inflation data.
※ Please note: This article was translated by AI and may contain errors.