U.S. stock index futures rise ahead of earnings reports and Federal Reserve meeting. Dow E-minis up 0.16%, S&P 500 E-minis up 0.24%, Nasdaq 100 E-minis up 0.4%. Record highs for S&P and Nasdaq after U.S.-EU trade deal. Tariffs halved to 15%, more agreements expected before August 1 deadline.
Trump proposes ‘world tariff’ of 15-20% for countries not negotiating deals. High hopes for breakthrough in U.S.-China talks after Stockholm meeting. Busy day for corporate earnings, with results from top companies like UnitedHealth, Boeing, UPS, and Procter & Gamble. Tech giants’ earnings later this week could impact market.
Federal Reserve starts two-day policy meeting. Rate cut expected in September, markets pricing in 61.7% chance. White House pushing for lower borrowing costs, Trump criticizes Fed Chair Powell. Investors await JOLTS report for June and consumer confidence figure for July. Cadence Design jumps 6.6% after raising sales forecast.
Read more at Yahoo Finance: Wall Street futures rise as focus shifts to major earnings, Fed meeting
