U.S. Stock Futures Surge on EU Trade Deal and Strong Earnings
U.S. equity futures surged and all three major indexes are now trading near or at 52-week highs, fueled by a breakthrough U.S.–EU trade agreement and anticipation of a packed earnings and macroeconomic calendar.
Key Market Moves (Sunday Evening Futures)
- 📊 Nasdaq 100 Futures: 23,521.00 (+99.75 / +0.43%) → New 52-week high
- 📈 S&P 500 Futures: 6,445.75 (+20.75 / +0.32%) → New 52-week high
- 🚀 Dow Jones Futures: 45,230.00 (+146.00 / +0.32%) → New 52-week high
Market Drivers:
- ✅ U.S.–EU Trade Pact: Averts tariff escalation with a moderate 15% cap on EU exports to the U.S., improving outlook across key global sectors.
- 💸 $600 Billion EU Investment Pledge: Boosts long-term confidence, especially in infrastructure, industrials, and capital markets.
- ⚡ Energy Demand Boost: $750 billion commitment in U.S. energy purchases by the EU lifts sentiment in energy and utilities.
- 🛡️ Risk-Off Reversal: With uncertainty around trade policy lifted, money is rotating back into risk assets including tech and cyclical sectors.
Sector Snapshot:
- Tech (Nasdaq 100): Strength driven by semiconductor and software names benefiting from trade clarity.
- Industrials (Dow): Anticipation of infrastructure investment flows supported broad gains.
- Energy (S&P 500): U.S. energy exports get a tailwind from EU alignment.
📅 Weekly Highlights
🏦 Economic Events
| Date | Events |
|---|---|
| Monday, July 28 | Dallas Fed Index, Treasury refunding |
| Tuesday, July 29 | JOLTS, Case‑Shiller, Consumer Confidence |
| Wednesday, July 30 | Fed Decision, Q2 GDP, BoC Policy |
| Thursday, July 31 | Core PCE, Global PMIs, BoJ Decision |
| Friday, August 1 | Jobs Report, ISM, Eurozone CPI, BoJ |
💼 Major Earnings
| Date | Symbols |
|---|---|
| Monday, July 28 | CDNS, NUE, WM, EPD, RVTY |
| Tuesday, July 29 | AZN, PG, V, UPS, SPOT, MRK, BA, PYPL, SBUX |
| Wednesday, July 30 | META, MSFT, QCOM, ARM, HOOD, LRCX, EBAY, F |
| Thursday, July 31 | AAPL, AMZN, MA, ABBV, COIN, NET, SHEL |
| Friday, August 1 | XOM, CVX, CL, REGN, ENGI, DTG |
Final Takeaway:
With all major U.S. indices at fresh 52-week highs, the market enters the week with momentum. The combination of geopolitical stability and heavyweight earnings sets the stage for critical moves, especially with the Fed and jobs data still to come.