Wall Street, Futures up
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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.
Wall Street opened the week on a risk-on footing, with the S&P 500 and the Nasdaq 100 extending record highs as strong earnings reinforced confidence in corporate America and investors continued to shrug off trade tensions.
Wall Street experienced a record-breaking revenue surge in the year’s second quarter, investment bank Goldman Sachs announced Wednesday morning, following the market uncertainty caused by President Donald Trump’s “Liberation Day” tariffs in April.
Equity markets were mixed Tuesday as traders kept an eye on earnings from Wall Street titans this week while tracking US trade talks just over a week before the deadline
US stock futures edged higher on Monday as investors geared up for a pivotal week of earnings from tech heavyweights like Alphabet and Tesla, amid renewed focus on tariff policy deadlines. With over 86% of S&P 500 firms beating earnings expectations so far,
Wall Street was poised to open with gains Monday ahead of a busy week of corporate earnings reports. Futures for the S&P 500, the Dow Jones Industrial Average and Nasdaq were all up more than 0.2% before the bell.
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Asian shares are mixed and U.S. futures have edged higher after U.S. stocks logged their third straight winning week.
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Early trading on Wall Street was quietly mixed as markets shift their attention toward a deluge of corporate earnings reports.
Markets had dismissed tariff risks under the assumption that Trump would follow an earlier pattern and back off, in what became known as the so-called TACO trade. That allowed stocks to reach new record-high territory recently, marking a stunning rebound from the collapse triggered by his “Liberation Day” reciprocal tariffs in April.
On Wednesday morning, as markets worldwide shuddered on news that President Donald Trump was likely to fire Jerome Powell, James van Geelen at Citrini Research wasted no time in blasting a “macro trade” alert to his some 50,