Stock market today: Dow, S&P 500, Nasdaq futures climb as huge week of market-watched events rolls on
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Stock market today: Dow, S&P 500, Nasdaq futures climb as huge week of market-watched events rolls on
US stock futures edged higher on Tuesday as Wall Street prepared for fresh earnings and economic data. Dow Jones Industrial Average futures inched up 0.1%, while those on the S&P 500 added roughly 0.2%. Contracts on the tech-heavy Nasdaq 100 rose about 0.3%. Stocks are consolidating after the S-P 500 and Nasdaq Composite eked out record highs on Monday.
Dow Jones Industrial Average futures (YM=F) inched up 0.1%, while those on the S&P 500 (ES=F) added roughly 0.2%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) rose about 0.3%.
Stocks are consolidating after the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) eked out record highs on Monday as Wall Street digested a new trade deal between the US and European Union.
Read more: The latest on Trump’s tariffs
But looming large is President Trump’s deadline Friday for trading partners to strike deals or else face blanket tariff rates, amid a new wave of talks between the US and China.
Earnings season rolls on with Boeing (BA) and Starbucks (SBUX) reports watched for signs of turnarounds under way, while Spotify (SPOT) is expected to issue cautious guidance in its results.
On Tuesday’s economic docket, JOLTS job openings for June is set to land, along with the Conference Board’s July reading on consumer confidence and a S&P CoreLogic print on home prices in May.
Later in the week, the big events are the Federal Reserve’s meeting and its next move on interest rates, the July jobs report, and earnings from tech giants Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), and Meta (META).
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