Market Performance & Trends - S&P 500 closed at a record high, up 116 basis points or 116% [1] - Dow Jones Industrial Average closed slightly in the green, up 14 basis points or approximately 64 points to 44,837 [1] - Nasdaq was slightly positive, up about 1/3 of a percent [1] - S&P 600 (small caps) was down about 16 basis points [1] - S&P 500 equal weighted index was underwater by about half a percent [1] - US dollar index was up 1% [1] - 30-year yields were up to 496% and 10-year yields up to 442% [1] Sector Performance - Energy sector, driven by crude oil surge, was up 115%, along with tech and consumer discretionary sectors [1] - Real estate, materials, utilities, and staples sectors were each down by more than 1% [1] - Nvidia reached a record high, up 187%, with semiconductors leading [1] - AMD was up the most in the NASDAQ 100, at 432% [1] - Palladium was up 3% [1] - Biotech was a big loser [1] Economic Factors & Outlook - This week is considered the most important market week of 2025 due to earnings from four of the MAG 7 companies (representing approximately 20% of the S&P 500's weight), critical trade deals, and key economic data releases including the job situation and PCE index [1] - The FOMC announcement on Wednesday is crucial and will be closely analyzed [1] - The market is factoring in one to two rate cuts from the Fed [2] - Labor market may weaken later in the year due to tariffs and contractionary fiscal policy [3] - July jobs report is expected [3][16] Company Specific News - Boeing is expected to report $217 billion in revenue, a significant improvement from the previous year, but an adjusted loss of $140 per share and an operating loss of $1611 million [2] - Boeing's Q2 deliveries included 150 jets, compared to 130 last quarter and 92 a year ago [2] - A 15% tariff is better than the potential 25% or higher tariff that was going to be potentially on the table for Boeing [3] - United Health Group is announcing results for the second quarter [14]