Major US corporations, including Tesla, Google, and Intel, will report earnings this week, alongside Coca-Cola and Verizon. Tesla's report is highly anticipated given recent sales declines and CEO Elon Musk's activities. The housing market's health will be assessed via June's new and existing home sales data. Economic indicators like jobless claims and durable goods orders will also be released, providing insights into the overall economic climate. Federal Reserve Chair Powell and Governor Bowman will speak at a banking conference on Tuesday.
Prepared by Christopher Adams and reviewed by editorial team.
Comments