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Benzinga13minutes ago

Market sentiment may turn nervous, as earnings reports from major U.S. companies could significantly influence market direction.

Market Outlook for the Week of July 20–24: The Nikkei 225 may see nervous trading, as earnings reports from major U.S. corporations could sway market sentiment. While there is hope that the recent correction in artificial intelligence (AI) and semiconductor-related stocks has run its course, results from companies such as Alphabet and Intel are likely to drive market direction. If the rebound in AI and semiconductor stocks remains sluggish, investor interest may continue shifting toward relatively resilient sectors such as retail and information services. Additionally, Japan’s Consumer Price Index (CPI), scheduled for release on July 24, could influence expectations regarding a potential rate hike in September.

Fisco Japan01:33 ET

A trading range is expected, with continued focus on earnings reports from AI-related stocks.

Outlook for the week of July 20–24: The Dow Jones Industrial Average is expected to trade in a narrow range. With few economic indicators scheduled for release and the Federal Open Market Committee (FOMC) meeting looming next week, markets will enter a blackout period during which Federal Reserve officials refrain from public commentary. Meanwhile, no rapid near-term improvement is anticipated in the Middle East situation, and as earnings season gains momentum, stock-specific trading activity is likely to intensify, particularly around AI-related companies.

Fisco Japan01:32 ET

Is the fastest and largest-ever sell-off in tech stocks nearing its end? Goldman Sachs reflects on the market's "cruel rotation."

Goldman Sachs partner Mark Wilson pointed out that this round of selling has lasted 17 trading days, with U.S. equity momentum factors retreating 28% from their peak, and TMT momentum factors plunging as much as 40%, marking the fastest and deepest pullback on record. The root cause lies in crowded positions and concentrated leverage, rather than a deterioration in fundamentals. He believes the liquidation process is "nearing its end," but there is a lack of short-term catalysts for a reversal, valuations remain elevated, and structural risks in the market persist. The new direction following the rotation will only become clear after summer earnings reports have been digested.

wallstreetcn21:14 ET

Top S&P 500 Stocks to Watch Next Week: Tesla, Google, Intel, GE Vernova

Benzinga17:05 ET

Bill Ackman Losing Winning Streak as Pershing Square's Core Holdings Falter

Benzinga16:55 ET