US Stock Weekly Macro Preview Highlights (July 6 - July 10)

US Stock Weekly Macro Preview Highlights (July 6 - July 10):

July 6 (Monday)

1. Fed Governor Waller and other officials to speak at 23:00;
2. US June S&P Global Services PMI final value at 21:45, US June ISM Non-Manufacturing PMI and Global Supply Chain Pressure Index at 22:00.

July 7 (Tuesday)

1. SpaceX to be added to Nasdaq 100 before market open on July 7, expected to trigger about $4.3 billion in passive fund inflows ★★★★;
2. US ADP employment change for the week ended June 20 at 20:15, US May trade balance at 20:30.

July 8 (Wednesday)

1. US May wholesale sales month-over-month at 22:00, US EIA crude oil inventories for the week ended July 3 at 22:30.

July 9 (Thursday)

1. Fed June meeting minutes at 2:00 AM, discussing interest rate path and inflation response ★★★★★;
2. New York Fed President Williams to speak at 21:00;
3. US initial jobless claims for the week ended July 4 at 20:30.

July 10 (Friday)

1. Dallas Fed President Logan to speak at 01:30;
2. SK Hynix ADR tentatively listed on Nasdaq on July 10 ★★★★.

*This week's core US stock themes revolve around the Fed June meeting minutes, Fed officials' speeches, and SpaceX's inclusion in Nasdaq 100, with expected increased market volatility.