Company / Analytics

Analytics, 26 July 2021

What will drive the markets this week?

Stocks closed at record highs last Friday with the major indices hitting new records as tech stocks gained ahead of their major earning news this week despite growing concern about COVID-19 variants and how they may impact economic recovery.

The earnings session continues this week with big tech and major US companies including Tesla, Google, and Microsoft, Apple, Amazon, Boeing, Pfizer, Ford, and Exxon Mobil, among others, reporting.

The biggest tech companies report earnings at a time of both fierce competition in the cloud computing market and as they face mounting pressure on antitrust issues.

Investors will also track the US Federal Open Market Committee (FOMC) conference on interest rates and monetary policy, and news of the COVID-19 delta variant and how that may impact the return to work for many companies.

Monday, July 26:

Tuesday, July 27

Wednesday, July 28:

Thursday, July 29:

Friday, July 30:

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