S&P 500, Nasdaq Fall Significantly

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Yahoo Finance

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Stocks look to rebound during quieter week for economic data: What to know this week

Summary

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The S&P 500 fell more than 2.5% for the week , while the Nasdaq Composite fell over 3.7% .

The market appears to have come to a consensus that the Federal Reserve will cut interest rates next month .

Disney will headline the week of quarterly reports when it reports earnings on Wednesday morning .

Thursday Economic data: Initial jobless claims, week ending Aug. 3 ( 249,000 previously); Continuing claims, week ending July 27 ( 1.87 million previously); Wholesale inventories month-over-month, June final (+0.2% expected, +0.2% previously) Friday Economic data: No notable economic releases. Josh Schafer is a reporter for Yahoo Finance . Follow him on X @_joshschafer..