| The month of July is living up to its reputation as the best-performing month of the year for stocks. Our PureVest Weekly Roundup looked at the positive developments from the week that helped keep the recent melt-up going strong. President Trump announced trade deals with Indonesia and Japan, and stated that he is close to a trade deal with the U.K. Google reported a solid quarter, while UnitedHealth was clobbered as it is now under a federal investigation. Housing prices rose to a high for June, but sales stayed sluggish. Trump also met with Jerome Powell this week and backed off the chatter about firing him. We also reviewed a preview of the next Fed meeting, which kicks off on Tuesday. Enjoy the light reading, and have a great weekend. |
| Markets & Economy: Fact Sheet: The United States and Indonesia Reach Historic Trade Deal source:whitehouse.gov Trump strikes tariff deal with Japan, auto stocks surge source:reuters.com Stock market today: S&P 500 notches 4th consecutive record as Google earnings fuel AI hopes source:www.yahoofinance.com Trump spars with Powell over renovation costs during Fed visit, but backs off firing threats source:www.cnbc.com UnitedHealth says it is under a federal investigation and cooperating source:www.apnews.com June home sales drop as prices hit a record high source:cnbc.com Federal Reserve preview: Fed to hold the line, but cuts are coming source:ing.com |
