News Bulletin
Tuesday, July 21, 2026
Evening Edition
Economic Numbers:
|
Time |
Event |
Actual |
Forecast |
Previous |
|
Tuesday, July 21, 2026 |
||||
|
8:15 |
ADP Employment Change Weekly |
16.50K |
|
19.25K |
|
8:55 |
Redbook (YoY) |
7.80% |
|
8.20% |
Indices
|
|
CLOSE |
50 DMA |
200 DMA |
|
DJIA |
52,224.64 |
51,310.82 |
48,820.14 |
|
NASDAQ |
25,837.21 |
26,133.90 |
23,906.87 |
|
S&P 500 |
7,509.20 |
7,469.83 |
6,994.32 |
Earnings Calendar:
(EPS: Earning Per Share / Rev: Revenue / Mkt Cap: market Capital/ BMO: Before Market Opening /AMC:
After Market Close)
|
COMPANY |
EPS Act |
EPS
Fore |
Rev
Act |
Rev
Fore |
Mkt Cap |
Time |
|
Charles SchwabSCHW:US |
1.62 |
1.5 |
7.1B |
6.71B |
$180.69B |
AM |
|
ChubbCB:US |
|
6.72 |
- |
15.07B |
$141.89B |
PM |
|
DanaherDHR:US |
1.94 |
1.84 |
6.3B |
6.1B |
$125.50B |
AM |
|
3MMMM:US |
2.4 |
2.23 |
6.5B |
6.39B |
$95.90B |
AM |
|
General MotorsGM:US |
3.57 |
3.19 |
48B |
46.95B |
$90.12B |
AM |
|
Marsh & McLennan CompaniesMMC:US |
2.96 |
2.91 |
7.4B |
7.29B |
$89.91B |
AM |
|
Capital One FinancialCOF:US |
-4 |
73 |
- |
15.74B |
$78.36B |
PM |
|
Northrop GrummanNOC:US |
7.68 |
6.82 |
10.9B |
10.79B |
$76.84B |
AM |
|
MsciMSCI:US |
4.94 |
4.86 |
867M |
860.17M |
$49.80B |
AM |
|
DR HortonDHI:US |
3.2 |
2.97 |
9.2B |
9.04B |
$46.37B |
AM |
|
Interactive BrokersIBKR:US |
|
0.61 |
- |
1.71B |
$37.94B |
PM |
|
Synchrony FinancialSYF:US |
2.59 |
2.1 |
3.73B |
3.74B |
$29.87B |
AM |
|
EQTEQT:US |
|
0.52 |
- |
1.88B |
$29.43B |
PM |
|
HalliburtonHAL:US |
0.55 |
0.54 |
5.7B |
5.49B |
$29.43B |
AM |
|
KeyCorpKEY:US |
0.44 |
0.42 |
1.96B |
1.97B |
$21.32B |
AM |
|
EquifaxEFX:US |
2.25 |
2.2 |
1.7B |
1.7B |
$21.00B |
AM |
|
East West BancorpEWBC:US |
|
2.63 |
- |
791.71M |
$18.40B |
PM |
|
Genuine PartsGPC:US |
2.15 |
2.06 |
6.5B |
6.43B |
$15.88B |
AM |
|
Ally FinancialALLY:US |
1.21 |
1.27 |
2.21B |
2.22B |
$13.71B |
AM |
|
Mueller IndustriesMLI:US |
1.13 |
1.09 |
1.43M |
1.24B |
$13.08B |
AM |
|
Webster FinancialWBS:US |
|
1.62 |
- |
753.38M |
$12.94B |
PM |
|
HasbroHAS:US |
1.28 |
1.14 |
1.14B |
1.06B |
$12.08B |
AM |
|
Annaly Capital ManagementNLY:US |
|
0.75 |
- |
674.44M |
$11.46B |
PM |
|
Valmont IndustriesVMI:US |
6.14 |
5.8 |
1.12B |
1.09B |
$10.61B |
AM |
|
VicorVICR:US |
1.04 |
0.65 |
143.35M |
138.38M |
$10.60B |
AM |
|
Western Alliance BancorporationWAL:US |
|
2.42 |
- |
985.53M |
$9.07B |
PM |
|
Range ResourcesRRC:US |
|
0.72 |
- |
764M |
$8.79B |
PM |
|
Alaska AirALK:US |
|
0.9 |
- |
4.1B |
$5.87B |
PM |
|
Bank OzkOZK:US |
|
1.48 |
- |
435.5M |
$5.83B |
PM |
|
Weatherford InternationalWFT:US |
|
0.92 |
- |
1.07B |
$5.72B |
|
|
AARAIR:US |
|
1.29 |
- |
862.93M |
$4.94B |
PM |
|
United Community BanksUCBI:US |
0.71 |
0.73 |
279.3M |
280.28M |
$4.31B |
AM |
|
BancfirstBANF:US |
|
1.73 |
- |
176.02M |
$3.82B |
|
|
First Financial BancorpFFBC:US |
0 |
0.75 |
- |
265.74M |
$3.36B |
PM |
|
Atlantic Union Bankshares
CoorporationUBSH:US |
0.94 |
0.92 |
415.37M |
384.95M |
$3.18B |
AM |
|
PegasystemsPEGA:US |
|
0.43 |
- |
427.83M |
$2.66B |
PM |
|
WesBancoWSBC:US |
0 |
0.85 |
- |
267.7M |
$2.41B |
PM |
|
OFG BancorpOFG:US |
1.39 |
1.08 |
190.3M |
178.43M |
$2.36B |
AM |
|
1st SourceSRCE:US |
-1 |
1.66 |
- |
113.3M |
$2.04B |
|
|
ForestarFOR:US |
0.7 |
0.82 |
407M |
436.05M |
$1.34B |
AM |
Market News:
Wall Street on Tuesday ended solidly
higher, helped by a rebound in chip stocks and a post-earnings advance in major
names such as 3M and General Motors. While the technology sector climbed, the
rally did not extend to software companies which were under pressure following
some bearish analyst calls.
With a dearth of economic data and the
Federal Reserve in its communications blackout period, the second quarter
earnings season will be the primary market driver this week. Investors are
looking ahead to reports from Alphabet and chipmakers Intel and Texas
Instruments for further cues on the artificial intelligence trade, which has
seen a major bout of profit taking in recent weeks amid worries about
valuations and spending.
Geopolitics also remained in the
spotlight, with tensions between the U.S and Iran continuing to escalate. Trade
jitters were reignited as well after the Trump administration imposed new
tariffs on certain Canadian goods.
The benchmark S&P 500 index rose
0.9% to close at 7,507.32 points, the tech-heavy NASDAQ Composite added 1.3% to
settle at 25,837.21 points, and the blue-chip Dow Jones Industrial Average
climbed 0.7% to conclude at
52,223.93 points.
Chip stocks extend rebound from bear
market territory
A furious rally in chip stocks amid the
high-flying AI trade earlier this year helped Wall Street shake off the Middle
East conflict and return to record levels. The Philadelphia Semiconductor Index
- a key barometer for chip names - notched a record 18-day win streak in late
April and eventually posted a record close of 14,634.70 points on June 22. But
the gauge has seen a sharp pullback since, and last Friday it settled more than
20% below that record close, marking bear market territory.
"The recent correction (in the SOX)
appears more consistent with a healthy reset following a parabolic advance than
a fundamental breakdown in the AI investment theme. The long-term AI backdrop
appears to be intact, but technical conditions have deteriorated. Holding
support near 10,870 will be important; a sustained break below that level would
suggest the correction has further to run," Adam Turnquist,
chief technical strategist at LPL Financial, said.
Questions have abounded around the
longevity of a massive spending surge on AI. Mega-cap names such as members of
the Magnificent Seven have outlined plans to shell out billions of dollars in
building out AI infrastructure, boosting jitters about returns. Blowout
quarterly reports from major names in the space so far have failed to calm
nerves.
On Wednesday, Alphabet’s capital
expenditure guidance will be keenly watched.
"There remain significant concerns
about Alphabet’s huge levels of AI spending, which look set to swallow up a
significant proportion of its cash flow in the coming years. To keep the market
on side, the company will need to keep delivering the goods and to start to
demonstrate some benefits from this expenditure," Danni Hewson, head of financial analysis at AJ Bell, said last
Thursday.
"Considerable attention is likely
to be paid to guidance for 2027 spending and also on Alphabet’s ability to
convert a healthy backlog of $400 billion in its Google Cloud business into
recognized revenue," she added.
While the Philadelphia Semiconductor
Index bounced back more than 5% on Tuesday, the iShares
Expanded Tech-Software Sector ETF closed 1.2% lower, weighed down by Workday
and Adobe after Morgan Stanley initiated both stocks with an Underweight
rating. Datadog also shed after a Jefferies
downgrade.
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