The Week Ahead: US Stocks Face Liquidity Test After Independence Day Holiday. SpaceX Officially Joins Nasdaq 100 as Fed June Minutes Loom
TradingKey - In the coming week, global capital markets will face a liquidity shock following the long Independence Day holiday. SpaceX (SPCX), the protagonist of the IPO of the century, will be officially included in the Nasdaq 100 Index on Tuesday, potentially triggering a major reshuffle of hundreds of billions in passive funds. On the macroeconomic front, the Federal Reserve will release the minutes of its June monetary policy meeting, chaired by its new Chairman, Kevin Warsh. Meanwhile, the second-quarter US earnings season is about to kick off, with consumer giant PepsiCo (PEP) and aviation hub Delta Air Lines (DAL) among the first to report.
TradingKeySun, Jul 5