| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
U.S. stock futures rose on Tuesday after ending on a mixed note on Monday. Futures of major benchmark indices were higher.
Despite a mixed close, the S&P 500 posted its sixth day of record closing high, and the Nasdaq also notched an all-time high on Monday.
The Federal Reserve Open Market Committee’s two-day meeting will begin today, ahead of its press conference, which will be held on Wednesday afternoon.
Investors await results from Boeing Co. (NYSE:BA), Procter & Gamble Co. (NYSE:PG), and Starbucks Corp. (NASDAQ:SBUX) today.
Meanwhile, the 10-year Treasury bond yielded 4.41% and the two-year bond was at 3.92%. The CME Group's FedWatch tool‘s projections show markets pricing a 96.9% likelihood of the Federal Reserve keeping the current interest rates unchanged in its July meeting.
| Futures | Change (+/-) |
| Dow Jones | 0.15% |
| S&P 500 | 0.24% |
| Nasdaq 100 | 0.41% |
| Russell 2000 | 0.31% |
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were higher in premarket on Friday. The SPY was up 0.23% at $638.40, while the QQQ advanced 0.42% to $570.54, according to Benzinga Pro data.
Cues From Last Session:
On Monday, the energy and information technology sectors on the S&P 500 closed higher, bucking the trend as most sectors, including real estate, materials, and utilities, recorded losses.
This occurred as U.S. stocks settled mixed, with the S&P 500 itself recording gains, as markets reacted to the U.S.-EU trade deal struck over the weekend.
The new agreement means the U.S. will impose a 15% tariff on EU imports like pharmaceuticals and automobiles, while certain sectors such as steel, aluminum, and copper will face steeper tariffs of up to 50%.
All three major indices closed the last week higher, with the 30-stock Dow gaining around 1.3% and the tech-heavy Nasdaq adding 1%. The broad market S&P 500 climbed around 1.5% last week.
Tesla Inc. (NASDAQ:TSLA) jumped 3% after the U.S. announced lower-than-expected tariffs on European goods, including autos, and following CEO Elon Musk's revelation of a $16.5 billion deal with Samsung Electronics to produce next-generation chips.
| Index | Performance (+/-) | Value |
| Nasdaq Composite | 0.33% | 21,178.58 |
| S&P 500 | 0.018% | 6,389.77 |
| Dow Jones | -0.14% | 44,837.56 |
| Russell 2000 | -0.19% | 2,256.73 |
Insights From Analysts:
Senior Economist Jeremy Siegel highlighted in his weekly commentary that the U.S. economy is still proving resilient despite global tensions and trade barriers.
However, he cautioned that investors should prepare for some economic drag as these tariffs take hold in the second half of the year. “The cumulative inflation impact from tariffs is likely to be modest, perhaps 1.5% to 2% over two years, while the GDP drag remains limited and manageable,” he said.
He explained that the market has come to terms with this dynamic and continues to look ahead to more powerful, longer-term forces, particularly the ongoing AI.
“I think the market rightly assesses this will buoy productivity and earnings. In particular, the immediate expensing provision for capital equipment that came in the ‘One Big Beautiful Bill' is a meaningful tailwind for corporate investment, counteracting some negative tariff effects.”
According to him, earnings season is not showing signs of a breakdown. While there is some cautious forward guidance, the tone has been far more constructive than feared. “I'm encouraged by year-end earnings estimates, which remain stable or even modestly positive. I continue to believe we are in a healthy bull market with no signs of internal deterioration,” he added.
From a valuation perspective, Siegel said that some argue markets are expensive.
“When measuring forward P/E ratios, we are increasingly pricing in next year's earnings, which are supported by strong productivity trends and expanding technology adoption. The 2025–2026 EPS outlook is solid, and while earnings might come down from lofty year-ahead outlooks, I continue to see upside in equities,” he added.
Meanwhile, Ryan Detrick from Carson Research also reiterated that the market rally has been “historic,” but it “likely has legs left.”
See Also: How to Trade Futures
Upcoming Economic Data
Here’s what investors will keep an eye on Tuesday:
Stocks In Focus:
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading higher in the early New York session by 0.79% to hover around $67.24 per barrel.
Gold Spot US Dollar rose 0.23% to hover around $3,322.20 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was higher by 0.17% at the 98.7980 level.
Asian markets mostly advanced on Tuesday, except Japan's Nikkei 225 and Hong Kong's Hang Seng indices. South Korea's Kospi, India's S&P BSE Sensex, China’s CSI 300, and Australia's ASX 200 indices rose. European markets were mostly higher in early trade.
Read Next:
Photo courtesy: Shutterstock
