Stocks closed mixed on a sluggish trading day, though the RUT showed signs of life with notable gains. Downgrades against JPMorgan Chase (JPM), Goldman Sachs (GS), and Bank of America (BAC) from HSBC did no favors for the session. CoreWeave (CRWV) also got several downgrades after it penned a $9 billion deal to acquire Core Scientific (CORZ). Meta Platforms (META) added a former Apple (AAPL) A.I. lead to its own "superintelligence" team. Marley Kayden takes investors through the day's biggest stories.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-...

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-...

Watch on Sling - https://watch.sling.com/1/asset/19192...

Watch on Vizio - https://www.vizio.com/en/watchfreeplu...

Watch on DistroTV - https://www.distro.tv/live/schwab-net...

Follow us on X – / schwabnetwork

Follow us on Facebook – / schwabnetwork

Follow us on LinkedIn - / schwab-network

About Schwab Network - https://schwabnetwork.com/about

Ahmed Riesgo expects the market to shrug off the latest tariff news and believes the worst of the trade war fears are behind us. He thinks the Fed will cut rates at least twice, potentially three times, this year. He also sees underlying weakness in the labor market despite the strong jobs report.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-...

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-...

Watch on Sling - https://watch.sling.com/1/asset/19192...

Watch on Vizio - https://www.vizio.com/en/watchfreeplu...

Watch on DistroTV - https://www.distro.tv/live/schwab-net...

Follow us on X – / schwabnetwork

Follow us on Facebook – / schwabnetwork

Follow us on LinkedIn - / schwab-network

About Schwab Network - https://schwabnetwork.com/about

Radware (RDWR) hit a 3-year high after Wolfe initiated coverage on the Israeli cybersecurity company with an outperform rating. Charles Schwab's Ben Watson takes a closer look into Radware's chart and financials to explain how the company is "relatively cheap" compared to others in its sector. However, Ben also notes the challenges Radware has moving forward.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-...

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-...

Watch on Sling - https://watch.sling.com/1/asset/19192...

Watch on Vizio - https://www.vizio.com/en/watchfreeplu...

Watch on DistroTV - https://www.distro.tv/live/schwab-net...

Follow us on X – / schwabnetwork

Follow us on Facebook – / schwabnetwork

Follow us on LinkedIn - / schwab-network

About Schwab Network - https://schwabnetwork.com/about

“Anything is on the table, anything is possible” from this administration around critical minerals and sectors, says Joe Cavatoni of the World Gold Council in reaction to Trump’s latest tariff announcements. He explains why gold prices have been stagnant recently despite trade talk news. “We need to see some real fundamental changes to break out of this range right now,” he adds.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-...

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-...

Watch on Sling - https://watch.sling.com/1/asset/19192...

Watch on Vizio - https://www.vizio.com/en/watchfreeplu...

Watch on DistroTV - https://www.distro.tv/live/schwab-net...

Follow us on X – / schwabnetwork

Follow us on Facebook – / schwabnetwork

Follow us on LinkedIn - / schwab-network

About Schwab Network - https://schwabnetwork.com/about

Charles Schwab's Cooper Howard says this week's jobless claims data will be the next key data point investors will need to watch. With tariff dates moving later and uncertain inflation impact yet to be felt, Cooper believes the Fed will face an uncertain path for cutting rates by the September meeting. Later, he discusses global trends in yields and provides the case for why the U.S. yield curve will likely steepen this year.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-...

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-...

Watch on Sling - https://watch.sling.com/1/asset/19192...

Watch on Vizio - https://www.vizio.com/en/watchfreeplu...

Watch on DistroTV - https://www.distro.tv/live/schwab-net...

Follow us on X – / schwabnetwork

Follow us on Facebook – / schwabnetwork

Follow us on LinkedIn - / schwab-network

About Schwab Network - https://schwabnetwork.com/about

Rick Ducat breaks down the mixed trading session by diving into the techncials. On the NDX, he warns of bearish divergence taking shape after the index recently broke new all-time highs. However, Rick notes bullish potential for Intel (INTC) signaled by options activity.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-...

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-...

Watch on Sling - https://watch.sling.com/1/asset/19192...

Watch on Vizio - https://www.vizio.com/en/watchfreeplu...

Watch on DistroTV - https://www.distro.tv/live/schwab-net...

Follow us on X – / schwabnetwork

Follow us on Facebook – / schwabnetwork

Follow us on LinkedIn - / schwab-network

About Schwab Network - https://schwabnetwork.com/about

Owen Carr, Chief Merchandising Officer for Spreetail, discusses Amazon (AMZN) Prime Day season and how it has influenced the retail sector. He says with the expansion to four days, sellers are spreading deals out, leading to a lower first day peak. Coming closer to July 4 than last year, he thinks consumers will be buying more summer products than back-to-school. He expects growth rates in the 20%-30% vs last year over the 4-day period and thinks retailers like Walmart (WMT) that are running their own sales expect the same levels.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-...

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-...

Watch on Sling - https://watch.sling.com/1/asset/19192...

Watch on Vizio - https://www.vizio.com/en/watchfreeplu...

Watch on DistroTV - https://www.distro.tv/live/schwab-net...

Follow us on X – / schwabnetwork

Follow us on Facebook – / schwabnetwork

Follow us on LinkedIn - / schwab-network

About Schwab Network - https://schwabnetwork.com/about

James St. Aubin gives his expectations for 2Q earnings season and what he’s hoping to see in company guidance in particular. He digs into the state of the labor market and what he thinks the Fed’s next moves will be. He notes that continuous claims are at the highest level since 2021, arguing that there are “cracks” below the surface in U.S. jobs. He calls valuation the market’s biggest risk factor.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-...

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-...

Watch on Sling - https://watch.sling.com/1/asset/19192...

Watch on Vizio - https://www.vizio.com/en/watchfreeplu...

Watch on DistroTV - https://www.distro.tv/live/schwab-net...

Follow us on X – / schwabnetwork

Follow us on Facebook – / schwabnetwork

Follow us on LinkedIn - / schwab-network

About Schwab Network - https://schwabnetwork.com/about