Key events: UK - S&P Global/CIPS UK Manufacturing PMI USA - S&P Global US Services PMI (Jul) On Friday, the Dow managed to secure a victory, achieving its 10th consecutive weekly gain and extending its longest winning streak since 2017. The positive performance was driven by gains in defensive sectors of the market, particularly utilities. Traders were cautious ahead of the upcoming quarterly results from major tech companies.

Key events: USA - Export Price Index (MoM) (Jun) USA - Import Price Index (MoM) (Jun) USA - Michigan Consumer Sentiment (Jul)     The Dow Jones Industrial Average closed higher on Thursday, boosted by a surge in Google's stock, which contributed to a positive day for the technology sector. Investors also digested better-than-expected quarterly results from Pepsico and Delta, with anticipation building for upcoming earnings reports from major Wall Street banks.