I want to have a better understanding of the Gelfand transform. This is a follow up regarding Julien's reply to the question on the spectrum of the sum of two commuting elements in a Banach algebra:
Assume that $A$ is commutative. Then by Gelfand, for every $x\in A$, we have $$ \sigma(x)=\{\phi(x)\;;\;\phi\in \hat{A}\} $$ where $\hat{A}$ denotes the set of characters (nonzero algebra homomorphisms from $A$ to $\mathbb{C}$).
It follows readily that for all $x,y\in A$: $$ \sigma(x+y)\subseteq\sigma(x)+\sigma(y)\qquad \mbox{and}\qquad\sigma(xy)\subseteq\sigma(x)\sigma(y). $$
My question is, why is clear from the above that we have
$$\sigma(x+y)\subseteq\sigma(x)+\sigma(y)\qquad \text{and} \qquad\sigma(xy)\subseteq\sigma(x)\sigma(y)?$$
I understand that $\phi$ are homomorphisms, but where do the spectrums take place in the definition and how did we get "$\subseteq$"?
Thank you.