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US Stocks Face Liquidity Test After Independence Day Holiday. SpaceX Officially Joins Nasdaq 100 as Fed June Minutes Loom

US Stocks Face Liquidity Test After Independence Day Holiday. SpaceX Officially Joins Nasdaq 100 as Fed June Minutes Loom

TradingKey – In the coming week, global capital markets will face a liquidity shock after the long Independence Day holiday. SpaceX ( SPCX ), the protagonist of the IPO of the century, will be officially included in the Nasdaq 100 Index on Tuesday, which may trigger a major reshuffle of hundreds of billions in passive capital. On the macro level, the Federal Reserve will release the minutes of its June monetary policy meeting, chaired by the new Chairman Kevin Warsh. Meanwhile, the Q2 earnings season for US stocks is about to kick off, with consumer giant PepsiCo ( PEP) and aviation hub Delta Air Lines ( DAL) set to be the first to report.

SpaceX to be Officially Added to Nasdaq 100 on Tuesday, Triggering Hundreds of Billions in Passive…

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