This Week's US Stock Market Macro Outlook Highlights (July 20 - July 24)

July 20 (Monday)

1. US June Conference Board Leading Economic Index (MoM);
2. FIFA World Cup Final;
3. WAIC World Artificial Intelligence Conference concludes today.

July 21 (Tuesday)

1. US ADP Employment Change for the week ending July 4.

July 22 (Wednesday)

1. ★★★★★ Alphabet (Google) reports earnings after the bell — market focus on AI investment returns and cloud business growth;
2. ★★★★ IBM reports earnings after the bell — investors will assess AI-related business performance;
3. ★★★★★ Tesla reports earnings after the bell — attention on delivery numbers, robotics, and AI progress.

July 23 (Thursday)

1. American Airlines, Blackstone, Lockheed Martin, Nokia, and RTX (Raytheon) to release earnings before the market open;
2. ★★★★★ Intel reports earnings after the bell — key focus on chip demand and AI outlook.

July 24 (Friday)

1. ★★★★ Trump attends the White House Correspondents' Dinner — speech content may impact the market;
2. ★★★★ AMD hosts the Advancing AI Conference, with CEO Lisa Su delivering a keynote on AI agents, model optimization, and more.

*This week's core US stock theme revolves around Google, Tesla, IBM, Intel earnings, AI investment return validation and Trump speech, expected increased market volatility