Earnings Reports and the Fed May Eclipse Tariff News This Week

The bottom line is that the August 1st deadline is being adhered to and providing the financial markets with more certainty.

U.S. President Donald Trump shakes hands with European Commission President Ursula von der Leyen, as U.S. Commerce Secretary Howard Lutnick, Trade Representative Jamieson Greer and White House deputy chief of staff Stephen Miller clap, in Turnberry, Scotland, Britain, on July 27, 2025. Evelyn Hockstein/Reuters

Commentary

This week will likely be dominated by second-quarter sales and earnings announcements, even though future guidance may be cloudy until the tariff landscape becomes clear. So far, Lockheed Martin posted a big miss and was hit hard, then GM was hit over tariff concerns until investors digested GM’s positives.