It’s been a great period for indexes, as semiconductors push the S&P 500 to another all-time high and major companies like TSM see 40% growth in Q2. Most major indexes around the world follow the upward trend seen in the United States as the economic outlook clears.

Index Performance

FSTE 100: 1.08%

FTSE 250: 4.5%

CAC 40: 0.68%

DAX: 2.82%

SSE: 0.20%

Hang Seng: 3.42%

Nikkei: 3.33%

ASX 200: 2.45%

Dow Jones: 2.07%

NASDAQ: 3.09%

S&P 500: 2.65%

Events

Major restaurant stocks drop as their Q2 earnings draw closer.

Oil approaches $87 a barrel as the tension in the Middle East continues.

Tesla’s Q2 shows promise with the stock closing over 10% with deliveries rising 4.8% compared to Q1.

Paramount Global rises sharply after rumours of a merger with its Paramount+ and HBO Max.

U.S. job growth slows in June.

Jeff Bezos states he plans to sell $5 billion worth of shares.

Samsung Electronics Q2 profit jumps 15-fold to $7.5 billion. 

The AI craze continues with TSM approaching $1 trillion in market capitalisation.

The Euro sees a large decline as the political stability of France is challenged with a 0.4% decrease.

Boeing pleads guilty to its change relating to the 737 Max crashes, which will see them pay $243.6 million in fines.

Tesla continues to see great share price growth as the optimism of new growth prospects continues. However, a report by Bloomberg stating the company will push back its robo-taxi from August to October saw its share price fall by more than 8%.

The S&P 500 reaches its 37^th highest record close of the year as semiconductors continue to push even higher.

Upcoming Events

July 15^th: China’s Gross Domestic Product (QoQ) and (YoY)

July 16^th: Finland’s Gross Domestic Product (YoY) and Israel’s Gross Domestic Product (QoQ)

July 18^th: Interest Rates from the South African Reserve Bank and Central Bank of Egypt.

July 22^nd: Interest Rates from the People’s Bank of China.

July 23^rd: Interest rates from the Central Bank of the Republic of Turkey and Magyar Nemzti Bank.

July 24^th: Interest Rates from the Bank of Canada.

July 25^th: Gross Domestic Product of South Korea (QoQ), (YoY) United States (YoY). United States Consumer Price Index.

July 26^th: Russian Interest Rates

Dividend Payments for Major Companies

July 15^th: Cincinnati Financial Corp ($0.81), Nintendo ($0.20), Realty Income Corp ($0.26), and Federal Realty Investment Trust ($1.09)

July 18^th: Intuit Corp ($0.90) and Nordic American Tankers ($0.12)

July 24^th: Comcast ($0.31)

Earnings of major companies

July 15^th: Goldman Sachs, and BlackRock.

July 16^th: Bank of America, and Morgan Stanley.

July 17^th: Johnson & Johnson, and United Airlines Holdings.

July 18^th: Netflix, and Taiwan Semiconductor.

July 19^th: American Express, and Schlumberger.

July 22^nd: Verizon

July 23^rd: Google, Coca-Cola, Visa, Tesla, Lockheed Martin, LVMH, Comcast, Philip Morris International and Pentair.

July 24^th: AT&T, Ford, Kering, General Dynamics, NextEra Energy, Newmont Mining, and Reckitt Benckiser.

July 25^th: Sanofi, Cincinnati Financial Corporation, AstraZeneca, British American Tobacco, ITV, Lloyd’s Banking Group, Unilever, and TransUnion.

July 26^th: Mercades, Bristol-Myers Squibb, and Babcock International.  

P.S.: Do not take this as financial advice; make your own decisions and do further research before investing in the markets, as your capital is at risk.