Quiet economic calendar, focus on small business optimism and inflation data; positive.

This week’s economic calendar is relatively quiet, with the deadline for President Trump’s reciprocal tariffs postponed to August 1. Treasury Secretary Bessent warns that tariffs will revert to April 2 levels if no deal is reached with the US. Investors have been buoyed by strong corporate earnings and a resilient economy, with stocks up 26% since April. Data reports this week, including the NFIB small business survey and inflation expectations, are expected to support the Federal Reserve’s wait-and-see approach. Unemployment claims and federal deficit figures will also be closely watched after Trump’s recent budget bill.

Read more at Investing.com: Stocks Week Ahead: Can Small-Business Optimism, Inflation Clues Keep Bulls Alive?