Wall Street Reopens After Holiday With Services Data and Fed Minutes in View

US stock markets reopen on Monday, July 6, after closing for the Independence Day holiday, which was observed on Friday, July 3, because July 4 fell on a Saturday. The first session after a long weekend can bring sharper opening moves as markets absorb several days of news at once, and investors will be watching whether early swings are backed by trading volume and broad participation. The week ahead offers a run of data and events that could set the tone. The Institute for Supply Management's services index is due on July 6, providing a read on whether the largest part of the US economy is still expanding after softer labor figures. The trade balance follows on July 7, offering insight into import demand and tariff effects, while minutes from the Federal Reserve's June policy meeting are scheduled for July 8, with investors parsing them for clues on inflation, jobs and the next rate decision. Weekly jobless claims on July 9 will draw extra attention as a timely gauge of labor-market health. Oil prices, which have slid recently, and continued commentary on chipmakers remain in focus.