Investors will focus on earnings from Goldman Sachs, GE Aerospace, and Taiwan Semiconductor amid improving market sentiment.
The S&P 500 and Nasdaq closed the week up over 1% each, breaking resistance in a six-week consolidation phase. The Dow Jones Industrial Average posted its second weekly loss in eight weeks, lagging behind the broader rally.
Prior to this week, the S&P 500 had traded in a tight range, while the Nasdaq saw its 21-day exponential moving average dip below the 50-day moving average. Market sentiment has improved ahead of key earnings reports, including Goldman Sachs, GE Aerospace, and Taiwan Semiconductor (TSMC).
Other stocks near buy points include Nvidia, Micron, Sandisk, and Robinhood, with earnings due July 10. The reports could provide further direction for equities after a mixed performance in recent weeks.