U.S. stock futures inch higher
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US stock futures edged up as President Trump announced a trade deal with Japan and Wall Street readied for Tesla (TSLA) and Google-parent Alphabet (GOOGL, GOOG) earnings. Futures attached to the Dow Jones Industrial Average (YM=F) rose 0.
Those moves follow a second straight day concluding at a high for the S&P 500, which inched up 0.06% in the session. Tuesday marked the 11th closing record of 2025 for the benchmark index. The 30-stock Dow climbed nearly 180 points in the session. The tech-heavy Nasdaq Composite, on the other hand, fell about 0.4% as chip stocks took a hit.
Trump’s tariffs and the trade war continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Wall Street futures inched up on Monday, buoyed by hopes of breakthrough trade deals and ahead of earnings from industrial and tech giants that could set the tone for markets this week.
An altseason continues to gain momentum as daily trading volumes on Binance Futures soared to $100.7 billion, the highest level since Feb. 3. This massive spike in activity comes on the heels of Bitcoin ( BTC) breaking new highs in July, ushering in renewed retail interest toward altcoins.
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Petroleum futures were lower midday Tuesday with diesel down sharply.
Futures tied to Canada's benchmark index nudged lower on Tuesday as market mood soured over the fading prospects of a U.S.-EU trade deal, while investors tracked corporate earnings to assess the impact of President Donald Trump's tariffs on businesses.
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On Tuesday, Federal Reserve Chairman Jerome Powell and Governor Michelle Bowman are due to speak at a banking conference. That’s as President Donald Trump and the White House have continued to wage a pressure campaign against Powell over rates and renovations at the central bank’s headquarters.