July 6–10, 2026

Markets head into the week with a lighter setup on paper, but there is still enough to matter. Wednesday brings the minutes from the June 16–17 FOMC meeting, while PepsiCo and Delta headline earnings later in the week. Read on to the end to see why this week matters.

Upcoming Earnings

Thursday, July 9

PepsiCo (PEP) — Before Open

Friday, July 10

Delta Air Lines (DAL) — Before Open

Economic Data (ET)

Monday, July 6

8:30 – U.S. international trade in goods and services (May)

Wednesday, July 8

2:00 – FOMC minutes from the June 16–17 meeting

3:00 – Consumer credit (May)

Thursday, July 9

8:30 – Weekly jobless claims

10:00 — Existing Home Sales

Why This Week Matters

The macro calendar is not crowded, but Wednesday matters. The June FOMC minutes will give investors a look into how Kevin Warsh and the Committee were thinking after holding rates at 3.5% to 3.75% last month. Tuesday’s trade data and Thursday’s jobless claims will add some texture around that.

The Hormuz story is worth watching even if it is no longer the only thing driving the tape. Reuters reported over the weekend that OPEC+ approved another August output increase as exports through Hormuz continue to recover, but the publication has suggested the reopening is still incomplete enough that tanker flows remain a better gauge than oil prices alone.

On the corporate side, PepsiCo gives the market a read on the global consumer and pricing, while Delta offers another check on travel demand and margin resilience.

Stick with Stock Trader Network, we have much in store for the Think Tank!

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