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Stock Market Gains Continue Into New Week

Wall Street Journal Markets •
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Global stocks start the new trading week on a high note, with the S&P 500 finishing last week at a new all‑time high. U.S. futures tick up before the bell, Asian indexes are higher, and European stocks oscillate between small gains and losses.

Oil prices edge higher; Brent crude futures trade around $84 a barrel as investors await major updates from the war with Iran. Tehran’s weekend list of demands for opening the Strait of Hormuz includes U.S. withdrawal, lifting all sanctions, and paying war reparations.

Focus remains on U.S. economic data and corporate results as the second‑quarter earnings season enters its final innings. The S&P 500 is headed for a seventh consecutive quarter of double‑digit earnings growth.

The main event this week will be Wednesday’s July inflation report. Economists expect consumer prices to rise 3.4% from a year earlier, a slight improvement from 3.5% in June.