In July 2024, several critical factors are shaping the stock market outlook. One of the primary concerns is the ongoing crisis in commercial real estate. The sector is facing significant challenges due to high vacancy rates and declining property values, which could have broader implications for financial markets. Additionally, the Federal Reserve’s recent interest rate hikes are aimed at curbing inflation but also add a layer of uncertainty to the market.
Earnings reports from major blue-chip companies will be closely watched this month, as they provide insights into the overall health of the economy. Companies like Apple, Amazon, and Microsoft are set to release their quarterly results, which will likely influence market sentiment. Investors should pay attention to these reports, as well as other economic indicators such as GDP growth and unemployment rates, to navigate the market effectively.