Markets enter the second week of July with the S&P 500 ($SPX) (SPY) digesting the implications of President Trump's landmark tax-and-spending package signed into law Friday afternoon, while investors brace for a pivotal week featuring the start of earnings season and crucial policy developments. The market faces a complex landscape as Trump's promised July 9 tariff letters loom, marking the end of his 90-day "Liberation Day" tariff pause with dozens of nations set to learn about additional unilateral trade restrictions. Tesla (TSLA) stock continues to struggle despite better-than-feared Q2 deliveries, trading between its 200-day and 50-day moving averages while facing headwinds from the elimination of U.S. EV credits after September 30 and highly profitable zero emission credits under the new legislation. Meanwhile, Taiwan Semiconductor's (TSM) upcoming June and Q2 sales figures will provide crucial insights into AI chip demand affecting major customers including Nvidia (NVDA), Broadcom (AVGO), and Apple (AAPL).
Here are 5 things to watch this week in the Market.
