Wall Street Gears Up for High-Stakes Week Packed with Fed Speeches, Economic Data, and Earnings

BTCC / BTCC Square / Global Cryptocurrency /

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2025-08-03 18:36:01

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Markets face a convergence of critical events this week as Federal Reserve officials deliver five speeches amid a flurry of economic releases. The S&P Global Services PMI and ISM Non-Manufacturing PMI will gauge whether US service sector momentum persists, while Treasury's 10-year note auction tests long-duration demand. Weekly jobless claims cap the macro calendar on Thursday.

Meanwhile, 120 S&P 500 companies report earnings, with Pfizer, AMD, and Disney taking center stage. This follows last week's tech megacap disclosures from Microsoft and Apple. With 82% of reporting firms exceeding expectations so far, the earnings season continues to defy bearish predictions.

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