Equities rebounded from a midweek slump to finish in the green after volatile trading. All three major indexes rose between 1% and 1.6% last week, to end a mixed month of July. The Dow Jones Industrial Average eked out a 0.3% gain on the month, while the tech-heavy Nasdaq Composite slumped 3.2%, dragged down by semiconductor stocks' 21% decline. Despite the brutal July selloff, the Philadelphia Stock Exchange Semiconductor Index is still up a whopping 60% this year.

This week brings another busy week of earnings in what is shaping up to be another strong quarter for corporate profits. Roughly 60% of S&P 500 index companies have reported results so far, with nearly 90% beating earnings-per-share estimates, and about three-quarters surpassing revenue expectations.

Palantir Technologies will announce earnings on Monday, followed by Advanced Micro Devices, McDonald's, Merck, and SpaceX on Tuesday. CVS Health, Eli Lilly, Sandisk, Uber Technologies, Walt Disney, and Western Digital will report on Wednesday, and Airbnb, Constellation Energy, and ConocoPhillips do the same on Thursday.

This week's main economic data release is the jobs report, due from the Bureau of Labor Statistics on Friday. The labor market has stabilized after looking wobbly for much of 2025.

Other important data releases include the Institute for Supply Management's Manufacturing Purchasing Managers' Index, to be released on Monday, and its Services PMI, coming Wednesday. The BLS is slated to release its Job Openings and Labor Turnover Survey on Tuesday.

Monday 8/3

Alexandria Real Estate Equities, Clorox, Diamondback Energy, EchoStar, Marriott International, Oneok, On Semiconductor, Palantir Technologies, SBA Communications, TKO Group Holdings, Tyson Foods, Vertex Pharmaceuticals, and Williams Cos. announce earnings.

The Institute for Supply Management releases its Manufacturing Purchasing Managers' Index for July. Consensus estimate is for a 53.9 reading, slightly higher than in June.

Tuesday 8/4

Advanced Micro Devices, Ametek, Amgen, Apollo Global Management, Arista Networks, Ball Corp., Booking Holdings, Broadridge Financial Solutions, Caterpillar, Cummins, DaVita, Devon Energy, Duke Energy, DuPont, Emerson Electric, Fidelity National Information Services, Gilead Sciences, Gartner, Henry Schein, Jacobs Solutions, Kimberly-Clark, Kimco Realty, Marathon Petroleum, McDonald's, Merck, Mosaic, NRG Energy, Paramount Skydance, Pfizer, Prudential Financial, Public Service Enterprise Group, Qnity Electronics, Revvity, Rockwell Automation, SpaceX, Spotify Technology, Sysco, TransDigm Group, Waters, W.W. Grainger, Wynn Resorts, and Zebra Technologies report quarterly results.

The Bureau of Labor Statistics releases the Job Openings and Labor Turnover Survey. Economists forecast 7.4 million job openings on the last business day of June, roughly 200,000 less than in May.

Wednesday 8/5

Albemarle, Allstate, APA, AppLovin, Atmos Energy, Axon Enterprise, CDW, Cencora, CF Industries Holdings, Charles River Laboratories International, CVS Health, DoorDash, eBay, Eli Lilly, Expedia Group, Global Payments, Honeywell Aerospace, Host Hotels & Resorts, Insulet, Iron Mountain, Kraft Heinz, McKesson, MetLife, Motorola Solutions, News Corp, NiSource, Novo Nordisk, Occidental Petroleum, Phillips 66, Realty Income, Sandisk, Shopify, Solventum, Steris, Texas Pacific Land, Uber Technologies, Walt Disney, Western Digital, and Zimmer Biomet Holdings release earnings.

The ISM releases its Services PMI for July. The consensus call is for a 54.5 reading, half a point more than in June.

Thursday 8/6

Aflac, Airbnb, Akamai Technologies, American Insurance Group, Becton Dickinson, Cloudflare, ConocoPhillips, Consolidated Edison, Constellation Energy, Datadog, Evergy, Fiserv, Fox, Howmet Aerospace, Kenvue, Keurig Dr Pepper, Microchip Technology, Molson Coors Beverage, Monster Beverage, Parker-Hannifin, Ralph Lauren, ResMed, Republic Services, Sempra, Targa Resources, Trade Desk, Viatris, Warner Bros. Discovery, and Zoetis announce quarterly results.

Friday 8/7

Oklo, Plains All American Pipeline, PPL, Take-Two Interactive Software, and Vistra report earnings.

The Bureau of Labor Statistics releases the jobs report for July. Economists forecast a 83,000 increase in nonfarm payrolls, after a 57,000 gain in June. The unemployment rate is expected to remain unchanged at 4.2%. Fed Chair Kevin Warsh described the labor market as solid and steady this past week.