The Nasdaq and S&P hit new highs again, how will the market be affected by the combination of heavy data and tariff issues?

Last week, the Nasdaq and S&P hit new highs again. This week, the market is focusing on the Federal Reserve interest rate decision. With continuous pressure from Trump, will the pace of interest rate cuts accelerate in the second half of the year? Meanwhile, with the approaching deadline of August 1 for tariffs and the intensive disclosure of US stock performance, what impact will this have on the stock market? Sun Wu, Chief Financial Market Analyst at Mitsubishi UFJ Financial Markets Limited, interpreted that with increasing market uncertainty, bullish sentiment in the US stock market may weaken, and the risk of a pullback is rising.