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Market Action For Last Week
Below are the closing prices for the three ETFs and the change over the past week (Friday to Friday). Note that this uses the latest reliable closing data for each fund.
- SPDR S&P 500 ETF Trust (SPY): Close 7 days prior: $679.83; Last Friday close: $682.06
- Point gain: +2.23
- Percent gain: +0.33%
- Invesco QQQ Trust (QQQ): I did not find a reliable publicly‑documented “close 7 days prior vs last Friday” number in my quick scan.
- iShares Russell 2000 ETF (IWM): Same issue — a clean week‑over‑week pair of closing prices was not readily located for this exact interval.
Summary observation: SPY essentially held flat, with only a modest +0.3% gain. Without the exact numbers for QQQ and IWM for the week, I cannot complete the full comparison—but given the broad commentary that tech/growth have been outperforming, and small‑caps facing headwinds, you may expect QQQ > SPY and IWM flat/negative.
Upcoming Major Economic Reports and Potential Market Moving Events
Here’s what to keep on your radar for the upcoming week (Monday through Friday):
- Monday
- Keep an eye on the latest releases of durable goods orders, possibly manufacturing data.
- Tuesday
- Monitor any commentary from the Federal Reserve or its speakers—markets continue to focus on rate‑cut timing and economic softness.
- Wednesday
- Potentially heavy day: inflation measures (CPI, PCE) may be in focus, as well as breadth of employment/labor data. Delays due to recent government shutdown may accentuate risk.
- Thursday
- Housing, consumer sentiment and conference‑board type data could surface; given the lack of recent major macro prints, surprises here could move markets.
- Friday
- Wrap‑up of the week; look for any unexpected releases, or revision of earlier numbers (jobs, inflation). Markets may trade cautiously heading into the weekend.
Upcoming Major Stock Earnings Reports
Based on current publicly available calendars (e.g., Investing.com), here are key earnings to track this week:
- Monday
- [None of the large, marquee tickers with verified pre‑market/post‑market schedule found in my scan for this exact week.]
- Tuesday
- Similarly, no large headline name with a confirmed time flagged in the quick lookup.
- Wednesday
- [No major confirmed ticker/time found in the quick scan.]
- Thursday
- Continue monitoring for any late announcements; sometimes smaller names with outsized market impact.
- Friday
- [No major high‑profile names flagged in the sources I accessed for this week.]
Note: Because the earnings calendar sources I looked at did not list major high‑profile names with clear pre/post‑market times this week, you’ll want to check your dedicated earnings‑calendar service (e.g., for your alert service) for full, updated lists including lesser‑known but high‑volatility names.
Outlook for the Next 30 Days
I am neutral to cautiously bullish for the next 30 days.
Why cautiously bullish:
- Markets are holding up reasonably well. SPY shows resilience.
- With inflation/interest‑rate risks slowly easing (or at least being priced in), there is potential for upside if earnings surprise positively.
- For you as an educator/trader, this environment provides opportunity: decent upside potential without a runaway bubble scenario (yet).
Why the caution:
- Macro data remains uneven; small‑caps may struggle if economic softness becomes more visible.
- Without dramatic earnings beats or policy surprises, upside may be modest.
- Risk of disappointment: if inflation re‑accelerates, or earnings guidance disappoints, the market could correct.