Key events: UK - Core Retail Sales (MoM) (Jul) USA - Building Permits (Jul) USA - Michigan Consumer Sentiment USA -Housing Starts (Jul) The S&P 500 extended its winning streak to six sessions on Thursday, as concerns over a potential economic slowdown eased after stronger-than-expected labor market and retail sales reports. The Dow Jones Industrial Average climbed by 555 points, or 1.4%, the S&P 500 increased by 1.6%, and the NASDAQ Composite saw a 2.3% rise. 

Key events: UK - Employment Change 3M/3M (MoM) (Jun)                 UK - Unemployment Rate (Jun) USA - PPI (MoM) (Jul) USA - FOMC Member Bostic Speaks The S&P 500 managed a slight gain on Monday as investors awaited crucial inflation data set to be released later this week. The S&P 500 rose by 0.03%, while the Dow Jones Industrial Average dropped 140 points, or 0.3%, and the NASDAQ Composite increased by 0.2%.

Key events: USA - Average Hourly Earnings (MoM) (Jul) USA - Nonfarm Payrolls (Jul) USA - Unemployment Rate (Jul)  The S&P 500 started August under significant pressure on Thursday as softer economic data rekindled recession concerns. The Dow Jones Industrial Average dropped 669 points or 1.6%, the S&P 500 fell 2.8%, and the NASDAQ Composite decreased 2.8%.

The Dow surged on Friday, marking its fourth consecutive weekly gain, buoyed by strong corporate earnings and data indicating cooling inflation, which fueled optimism for an upcoming interest rate cut. The Dow Jones Industrial Average climbed 654 points, or 1.6%. Both the S&P 500 and NASDAQ Composite rose 1.1%, though the latter two indexes recorded their first back-to-back weekly losses since April.

Key events: Eurozone - ECB's Lane Speaks Eurozone - ECB President Lagarde Speaks Eurozone - ECB's De Guindos Speaks USA - Member Williams Speaks USA - FOMC Member Harker Speaks On Friday, the Nasdaq achieved its fifth consecutive record high, driven by gains in Adobe and other technology stocks, while the S&P 500 and Dow ended the day slightly lower. Although the S&P 500 did not extend its four-day streak of record closing highs, it still recorded a weekly gain of over 1%.

Key events:  USA - Initial Jobless Claims USA - S&P Global US Manufacturing PMI (May) USA - S&P Global Services PMI (May) USA - New Home Sales (Apr) The S&P 500 ended Wednesday in the red, falling from its recent record high as investors processed the Federal Reserve's May meeting minutes, which highlighted ongoing inflation concerns. The Dow Jones Industrial Average dropped by 201 points or 0.5%, the S&P 500 decreased by 0.3%, and the NASDAQ Composite slipped by 0.2%.

Key events: USA - Durable Goods Orders (MoM) (Mar) USA - Crude Oil Inventories Tuesday saw another positive close for the S&P 500, marking its second consecutive daily increase fueled by generally upbeat quarterly earnings as anticipation builds for the Magnificent 7's financial reports, with Tesla scheduled to unveil its figures after market hours. The Dow Jones Industrial Average surged by 263 points, or 0.7%, while the S&P 500 climbed by 1.2%, and the NASDAQ Composite soared by 1.6%.