How the Fed’s 29 July decision, policy statement, Treasury yields, and major tech earnings could shape the Nasdaq 100, and the risks traders should watch.
US NFP rose 172K, beating forecasts and signaling stronger US labour market momentum, though weaker sentiment and geopolitical risks cloud the outlook.
US May core PCE rose 3.3% YoY in line with forecasts. Inflation shows signs of easing, while real income fell for a third month and savings hit a four-year low.
Real yields are testing gold and large-cap tech differently, as gold relies on demand support while tech depends on earnings and AI spending to hold up.
Lithium prices fell 84%, eliminating mine investment. Wood Mackenzie forecasts a supply deficit by 2028, threatening continued declines in EV battery costs.
