Forbesยท2025-07-21 13:20Market Performance - Most major averages posted gains for the week, with the S&P 500 up 0.6% and the Nasdaq Composite gaining 1.5% [2] - Small cap stocks were the second-best performing group, up 0.8% [2] Earnings Season - Earnings are on pace to be up 5.6%, marking the eighth consecutive positive quarter, but this would be the lowest growth since Q4 2023 [3] - A total of 100 companies are scheduled to report earnings, with major tech names like Google and Tesla reporting on Wednesday [3] Tariff Developments - The deadline for tariffs is approaching, with the Trump administration considering blanket tariffs on the EU of 15% or more [4] - European Union envoys are planning to meet to discuss retaliatory measures if no deal is reached before the August 1st deadline [4] Consumer Sentiment - Recent reports on consumer sentiment showed better-than-expected results, indicating consumers feel more positive about the economy [5] - However, there are underlying concerns regarding the types of jobs being created, primarily in healthcare, government, and education, which may not stimulate economic growth [8] Housing Market - New home sales are at their lowest level since the housing crisis, which could be a concerning sign for wealth building in the country [9] - The Federal Reserve's influence on mortgage rates is limited, as these rates are determined by the market [9] Federal Reserve - Jerome Powell is scheduled to speak, and there is significant attention on his future as Fed Chair, with markets seeking reassurance that he will remain until his term ends in 2026 [10] Company Focus - Coca-Cola is set to report earnings, with an expected move of $1.58 for the week [11] - Netflix's response to its recent stock pullback will be closely monitored, along with the upcoming earnings announcements for Google and Tesla [11]