Market sentiment influenced by U.S. Senate bill, June job report, Tesla deliveries, and China manufacturing data.
From Financial Modeling Prep: 2025-06-30 14:21:00
This week’s headlines are poised to impact market sentiment as U.S. markets face a shortened week. Investors are closely monitoring the Senate’s tax-and-spending bill debate, June nonfarm payrolls report, Tesla’s Q2 delivery figures, and China’s latest manufacturing data. These events could sway equities, yields, and expectations for Federal Reserve policy.
Republican lawmakers are progressing towards passing a significant tax-and-spending package, the “One Big Beautiful Bill Act,” which could inject fiscal stimulus into the U.S. economy. However, the legislation’s potential $3.3 trillion addition to federal debt is already affecting the U.S. dollar. Market focus is on Senate votes, final bill passage, and implications for debt issuance and Treasury yields.
Thursday’s June nonfarm payrolls report is crucial, with consensus expectations at 120,000 new jobs. Fed Chair Powell remains cautious about rate decisions amid tariff uncertainty and inflation moderation. Investors are closely watching key macro indicators and aligning trades with data releases through the Economics Calendar.
China’s June manufacturing PMI, below 50 for the third month, showed a modest improvement, signaling contraction but beating expectations. Continued improvement in Chinese industrial data could impact global risk sentiment, particularly for industrial, materials, and tech companies with international exposure.
Tesla’s Q2 delivery numbers, expected to be around 390,000 vehicles, will be released on Wednesday. Factors influencing Tesla’s performance include price cuts, demand softness in key markets like China, and public controversies. The results could heavily influence near-term sentiment and broader trends in the EV sector. Stay informed with the Earnings Calendar for updates.
Read more at Financial Modeling Prep:: Market Preview: Jobs Report, Tesla Deliveries, and…