
Markets face a pivotal week as the S&P 500 ($SPX) (SPY) navigates a perfect storm of Federal Reserve policy decisions, mega-cap technology earnings, and critical trade developments. The Federal Reserve is widely expected to stand pat on rates Wednesday, but Fed Chair Jerome Powell's press conference could provide crucial hints about upcoming policy moves amid evolving economic conditions. President Trump's August 1 deadline for new major tariff hikes creates additional uncertainty, with potential European Union trade deals hanging in the balance and U.S.-China trade talks scheduled for early in the week. The convergence of Friday's employment report with the tariff deadline adds another layer of complexity for investors parsing economic data and policy implications. Meanwhile, Tesla (TSLA) appears ready to expand its ride-hailing service to San Francisco, though the "robotaxi" deployment would still require human safety drivers behind the wheel.
Here are 5 things to watch this week in the Market.