Stocks Poised for Another Big Week as Earnings Season Heats Up

Get ready for a rollercoaster ride! Stock markets are looking pretty optimistic this morning, with futures pointing upwards. Investors are gearing up for a week packed with crucial company earnings reports that could send the market soaring to new heights.

The Dow just hit a record-breaking 40,000, and the S&P 500 is up a whopping 18% this year, thanks to tech giants leading the charge. Over 40 major companies are about to spill the beans on their second-quarter performance, and everyone's waiting with bated breath to see if they can keep the party going.

While all eyes are on the financial stage, there's also some political drama unfolding. Former President Trump faced a scare over the weekend, but experts think it's unlikely to shake up the markets too much. Trump's still the Republican frontrunner, and this incident might even solidify his position.

Last week was a pretty good one for stocks, with the S&P 500 gaining 0.9% and the tech-heavy Nasdaq adding 0.3%. But it was the Dow that stole the show with a 1.6% jump, proving that there's more to the market than just tech.

Some big banks have already shared their earnings reports, with mixed results. JPMorgan and Citigroup came out on top, but Wells Fargo left investors feeling a bit disappointed. Now, all eyes are on Goldman Sachs, Morgan Stanley, Bank of America, and other heavyweights set to reveal their financial cards this week.

Across the pond, European markets aren't having the best start to the week. The attempted attack on Trump has put a damper on things, with major indexes trading in the red.

So, buckle up! This week is shaping up to be a wild ride for investors, with earnings reports, political drama, and global market reactions all in the mix.