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The Economic Times
The Economic Times
Anupam Nagar

US Stock Market: Wall Street braces for jobs data, earnings as markets seek fresh direction

U.S. equity investors are heading into a crucial week with attention firmly on the July employment report and another wave of corporate earnings, as markets attempt to regain momentum after navigating sharp swings driven by geopolitical tensions, uncertainty over interest rates and volatility in technology stocks, according to a Reuters report.

The S&P 500 ended last week with gains despite significant daily fluctuations, although the benchmark index remains about 1.6% below its record high reached on June 2. Investors have been weighing mixed earnings from some of the biggest technology companies, whose massive artificial intelligence-related spending has fueled much of this year's market rally.

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