The stock-market rally has pushed valuations to 2021 peak levels, igniting concerns of another selloff. Earnings season kicks off with 163 S&P 500 companies reporting, including tech giants. Mixed results so far have investors wary as they await economic data and trade deal updates.

Investors brace for a volatile week as they navigate a flurry of events. Corporate earnings, economic data, and trade deals with key partners like the EU are in focus. Analysts warn of potential surprises in earnings reports and market reactions to tariffs and trade tensions. Fed Chair Powell’s press conference looms large.

Despite a strong start to earnings season, concerns linger about slowing earnings growth and tariff impact. Investors eye upcoming reports on inflation, manufacturing data, and the July jobs report. Analysts predict a low bar for job creation in July, but caution against unexpected weakness that could spook markets.

Market indices hit record highs, with the S&P 500 notching its fifth straight record close. Dow Jones also climbs as investors navigate through earnings season and economic data releases. Fed Chair Powell’s remarks and trade updates will be closely watched for market impact and volatility.

Read more at Yahoo Finance: Investors face a week rife with risks, as worries about stock-market euphoria mount. Here’s what to watch.