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Wall Street Rebounds, Investors Brace for Earnings Season
4 Aug
Summary
- Stocks recover losses from prior session
- Investors await corporate earnings reports
- Economic data on trade deficit and purchasing due
On the evening of August 4th, 2025, stock futures are slightly higher as Wall Street rebounds from the prior session's losses. The market had tanked on Friday due to the latest policy rollout on tariffs and a weak jobs report, leaving investors questioning the health of the economy. However, the market saw a winning day on Monday, allowing stocks to recover those losses.
Investors are now closely watching the latest batch of corporate earnings reports. Major companies like Pfizer, Yum! Brands, and Fox are set to report before the bell on Tuesday, followed by Snap, Advanced Micro Devices, and Rivian after the close. Additionally, economic data on the trade deficit and purchasing will be monitored.
Despite the recent volatility, the investing chief at New Edge Wealth, Cameron Dawson, remains optimistic, stating that the market is still in a "very powerful uptrend." However, he expects some choppiness as the market moves through August.
