🔸 Tues: Existing Home Sales; $TSLA $GOOGL $SPOT $KO $V $UPS Earnings
🔸 Wed: Mfg., Services PMIs, New Home Sales; $IBM $T $F $CMG Earnings
🔸 Thurs: Jobless Claims, Q2 GDP; $AAL $LUV Earnings
🔸 Fri: PCE Inflation, Consumer Sentiment; $MMM Earnings
🔹 US equity futures drift lower after S&P 500 jumped on Monday
🔹Stocks traded mixed as focus turned from US politics to a heavy week for company earnings with tech giants Tesla Inc. and Alphabet Inc. due to report later Tuesday.
🔹Europe’s Stoxx 600 Index was little changed, while US equity futures pointed to a lower open on Wall Street.
🔹Companies representing 29% of the S&P 500’s market value are due to report this week and investors are waiting to see if the rally in tech stocks has room to extend after hitting a wall.
🔹US election developments are still front and center, with Kamala Harris now having more than enough pledged delegates to clinch the Democratic presidential nomination
🔹In economic data, US readings on the economy are due later in the week as well as the Federal Reserve’s preferred inflation gauge.
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