Investment Review №349. High Hopes
S&P 500: July 6–10, 2026
Key Events on the US Stock Market
06.07.2026 — 7 537
- The U.S. ISM Services PMI came in at 51.2, modestly below consensus, pointing to continued moderate expansion in the services sector.
08.07.2026 — 7 483
- FOMC minutes showed policymakers continued to view inflation as the primary risk, while also acknowledging persistent downside risks to the labor market and economic growth.
- Apple (AAPL) and Broadcom (AVGO) signed a six-year, >$30bn agreement for custom chip supply, easing investor concerns that Apple could shift entirely to in-house solutions.
09.07.2026 — 7 544
- Initial jobless claims declined to 215k versus 218k consensus, reinforcing the view that the U.S. labor market remains resilient.
10.07.2026 — 7 575
- Delta Air Lines (DAL) topped earnings expectations, reaffirmed FY26 guidance, and raised its dividend, supported by robust travel demand, higher fares, and continued strength in the premium segment.