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Weekend Update & Market Outlook 8/3/2025

Weekend Update & Market Outlook 8/3/2025

August 3, 2025

Here’s your updated summary of US stock market activity for the week ending Friday, August 1, 2025, with accurate closing data and no estimates:

Stock market information for SPDR S&P 500 ETF Trust (SPY)

  • SPDR S&P 500 ETF Trust is a fund in the USA market.
  • The price is 621.72 USD currently with a change of -10.33 USD (-0.02%) from the previous close.
  • The latest open price was 626.26 USD and the intraday volume is 140103572.
  • The intraday high is 628.0 USD and the intraday low is 619.37 USD.
  • The latest trade time is Friday, August 1, 17:15:00 PDT.

Stock market information for Invesco QQQ Trust Series 1 (QQQ)

  • Invesco QQQ Trust Series 1 is a fund in the USA market.
  • The price is 553.88 USD currently with a change of -11.12 USD (-0.02%) from the previous close.
  • The latest open price was 558.57 USD and the intraday volume is 69400789.
  • The intraday high is 560.73 USD and the intraday low is 551.86 USD.
  • The latest trade time is Friday, August 1, 17:15:00 PDT.

Stock market information for iShares Russell 2000 ETF (IWM)

  • iShares Russell 2000 ETF is a fund in the USA market.
  • The price is 214.92 USD currently with a change of -4.42 USD (-0.02%) from the previous close.
  • The latest open price was 216.22 USD and the intraday volume is 63854124.
  • The intraday high is 217.22 USD and the intraday low is 212.41 USD.
  • The latest trade time is Friday, August 1, 17:15:00 PDT.

Market Action For Last Week

  • SPY (S&P 500 ETF):
    • July 25 close: $637.10
    • August 1 close: $621.72
    • Loss: −15.38 points (−2.41%) (FinanceCharts)
  • QQQ (Nasdaq‑100 ETF):
    • July 25 close: $566.37
    • August 1 close: $553.88
    • Loss: −12.49 points (−2.21%) (Invesco, Digrin)
  • IWM (Russell 2000 ETF):

Upcoming Major Economic Reports and Potential Market‑Moving Events

Week of Monday, August 4 – Friday, August 8

  • Monday, August 4
    • Factory Orders (June data)
  • Tuesday, August 5
    • Trade Deficit (June)
    • Final S&P U.S. Services PMI (July)
    • ISM Services PMI (July)
  • Wednesday, August 6
    • Speech by San Francisco Fed President Mary Daly
  • Thursday, August 7
    • Weekly Initial Jobless Claims
    • Q2 Nonfarm Productivity (prelim)
    • Wholesale Inventories (June)
    • Consumer Credit (June)
    • Speech by Atlanta Fed President Raphael Bostic
  • Friday, August 8
    • Remarks by St. Louis Fed President Alberto Musalem

Upcoming Major Stock Earnings Reports

(Week of August 4–8)

  • Monday, August 4
    • Palantir Technologies – Premarket
  • Tuesday, August 5
    • Eli Lilly – Post‑market
    • Uber, Disney, Caterpillar – timings vary
  • Wednesday, August 6
    • AMD, McDonald’s, Berkshire Hathaway – Post‑market
  • Thursday, August 7
    • Constellation Energy, BioNTech, Pfizer, Gilead, Caterpillar – Post‑market
  • Friday, August 8
    • Novo Nordisk and additional pharma/e‑commerce names – likely Post‑market

(Sources: Investing.com earnings calendars and related outlets)

30‑Day Market Outlook

Outlook: Cautiously Bearish 📉

The market closed the week with notable weakness—SPY down ~2.4%, QQQ ~2.2%, and a sharper decline in small caps (IWM) of ~4.2%. These losses reflect growing concerns from weak jobs data and rising trade tensions (Reuters, The Guardian). With a full slate of earnings and several high‑impact macro releases ahead—including Fed speakers and economic data—volatility is likely to remain elevated. Valuations are stretched, and unless corporate guidance improves or policy signals turn accommodative, I expect continued sideways to lower action through the next month.