United States stock futures remained steady as investors focused on tech earnings and fresh developments in global trade negotiations. S&P 500 futures rose slightly by 0.1%, while Nasdaq 100 futures climbed 0.3%. Meanwhile, Dow Jones futures dropped by 198 points, showing mixed reactions across major indexes. This market pause follows a strong rally in the previous session. Traders are now watching earnings reports and political moves closely.
Tech earnings drove much of the early market sentiment. Alphabet shares surged nearly 4% after reporting better-than-expected revenue and profit. In contrast, Tesla dropped around 6% after posting lower auto revenue for the second quarter. IBM also saw a decline, with shares falling nearly 6% after its software revenue missed analyst expectations. These mixed results have led investors to reassess their tech exposure.
The latest tech earnings highlight the importance of results from megacap companies. Investors are seeking clarity on growth trends within the technology sector. Although Alphabet delivered positive results, Tesla’s decline raised concerns about auto demand. IBM’s underperformance added pressure, especially on Dow-linked futures. As a result, markets showed a cautious stance entering the new session.
Beyond earnings, political events are also influencing sentiment. President Donald Trump plans to visit the Federal Reserve, aiming to increase pressure on Chairman Jerome Powell. This marks the first presidential visit to the central bank in almost two decades. Traders believe the visit could affect monetary policy expectations. The meeting adds another layer of uncertainty to the market outlook.
At the same time, new trade agreements are lifting investor confidence. Trump announced a trade deal with Japan that includes reciprocal tariffs of 15% on Japanese goods. This news follows positive headlines about trade progress with the European Union. These agreements could stabilize relations and ease recent tensions. Investors see the deals as supportive of economic momentum.
Markets responded positively in the last session. The S&P 500 closed at a new record high, gaining 0.78%. The Dow rose more than 500 points, ending just below its all-time high. The Nasdaq Composite also advanced, closing above the 21,000 level for the first time. These gains reflect growing optimism about trade and corporate performance.
Experts say that clarity in trade policy and strong tech earnings can support continued gains. Analysts believe market momentum will likely remain intact. Traders are watching for more earnings reports and updates from Washington. Any surprises could change sentiment quickly in the days ahead.
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