Keeping up with current events is a critical part of being a smart investor. In today’s world, news is available 24 hours a day through television, computers, and smartphones, making it easy to keep up with global, national, and local happenings that could impact your investments. But with so much information at your fingertips, how do you determine what matters most? Here are six ways to help you stay on top of the latest stock market update.
Despite another barrage of tariff news stocks were able to move higher this week, thanks mainly to the technology focused Nasdaq index which is flirting with all time highs*. Meanwhile the S&P 500 index closed just below its record high* and the small-cap Russell 2000 index recouped almost all of last week’s losses*.
As for the trade/tariff developments, it looks like President Trump pushed back the August 1st deadline for reaching trade deals, at least with Japan and South Korea, raising hopes that the EU may be close as well. In addition, the US government’s budget passed yesterday, adding to positive sentiment.
The rest of the week’s headlines will include a $58 billion 3-year bond auction, which should provide feedback on demand for U.S. debt; expected earnings from GE Vernova (CAG), Conagra (CAG), Delta Airlines (DAL), and FB Financial (FBK); and inflation readings including the Consumer Price Index and Producer Price Index. For more insights on earnings trends, check out Schwab’s Earnings Outlook and Expected Earnings Chart.
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