Wall Street heads into a crucial week with investors closely watching a packed calendar of economic data, second-quarter corporate earnings and developments in the Middle East, all of which could shape the near-term direction of U.S. markets.
The S&P 500 ended the week with its second consecutive weekly gain and is now up more than 10% for the year, trading less than 1% below its record closing high reached in early June. According to Reuters, the benchmark has remained resilient despite heightened volatility driven by sharp swings in semiconductor stocks and renewed geopolitical tensions involving the United States and Iran.
