This week and next are seasonally the best two-week period for the S&P.
Anyone hoping the tariff saga was largely in the rear-view mirror will be unhappy with the headlines over the last few days. President Trump has issued another salvo of trading threats to countries around the world, including mooted 25% levies for Japan and South Korea. Stocks, after eventually hitting new highs at the end June, have had their ascent rudely interrupted.