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Key events: Japan - GDP (QoQ) (Q1) USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (May) On Wednesday, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all reached new record highs, buoyed by a more significant-than-expected slowdown in consumer inflation, fueling optimism for potential rate adjustments and driving Treasury yields lower.

Key events: USA - Core Retail Sales (MoM) (Feb) USA - Initial Jobless Claims USA - PPI (MoM) (Feb) USA - Retail Sales (MoM) (Feb) On Wednesday, the Dow managed to edge higher for a third consecutive day, bolstered by gains in energy stocks, although a decline in tech stocks tempered overall market gains. Investor focus remained on forthcoming economic data scheduled for Thursday, which could influence the Federal Reserve's outlook before its decision next week.

Key events: USA - ADP Nonfarm Employment Change (Aug) USA - GDP (QoQ) (Q2)    USA - Pending Home Sales (MoM) (Jul) USA - Crude Oil Inventories On Tuesday, Wall Street experienced a surge in activity, accompanied by a decline in Treasury yields. This occurred within the context of light trading just before a holiday, prompted by a set of underwhelming data that compelled investors to recalibrate their projections regarding US monetary policy.

Key events: Canada - Manufacturing Sales (MoM) USA - S&P/CS HPI Composite - 20 n.s.a. (YoY) (May) USA - CB Consumer Confidence (Jul) The Dow continued its winning streak on Monday, notching an impressive eleventh-straight gain, thanks to a surge in energy stocks. Investors remained optimistic as they absorbed the better-than-expected quarterly results from major tech companies and awaited the Federal Reserve's decision later in the week.

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.