Wednesday, 7/22
Google parent Alphabet and Tesla are the first of the Magnificent Seven tech stocks to report this earnings season. Alphabet was one of only two Mag Seven stocks to fall in the week that ended July 10, when Big Tech had a resurgence, and the stock (along with many other Big Tech names) weighed on the market this past week. Alphabet has suffered several high-profile losses recently, as other artificial-intelligence companies have poached its talent.
Thursday, 7/23
The Department of Labor will release initial jobless claims for the week ending on July 18. Economists expect 215,000 people to file for unemployment benefits, up from 208,000 in the prior week. Recent employment readings have suggested a labor market that is cooling but remains relatively steady, despite concerns about companies' increasing use of AI; however, job seekers have reported fairly sour sentiment.
Friday, 7/24
The Census Bureau will report new-home sales for June, after a downbeat surprise for existing-home sales. That metric dropped unexpectedly month over month, the National Association of Realtors said earlier this month. Existing-home prices hit a record high, and mortgage rates remain elevated, creating serious obstacles for home buyers.
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(END) Dow Jones Newswires
July 17, 2026 21:31 ET (01:31 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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