Futures steady: As of this morning, Dow, S&P 500, and Nasdaq futures were trading flat to modestly higher—ranging from around 0% to +0.3%—as investors await the start of Big Tech earnings season 市場觀察+1The Times of India+1雅虎財經+3SwingTradeBot+3Google+3.
Record highs: The S&P 500 recently closed above 6,300, and the Nasdaq hit successive record highs—climbing approximately 0.1% and 0.4%, respectively—while the Dow remained slightly lower Google+3Investopedia+3Investing.com+3.
Cautious sentiment: The calm reflects cautious optimism, balancing strong earnings with ongoing trade tensions. Notably, Commerce Secretary Lutnick affirmed that August 1 marks the tariff deadline, though negotiations continue Reuters+15市場觀察+15Mitrade+15.
The upcoming earnings from the "Magnificent Seven"—particularly Alphabet and Tesla—are heavily anticipated. Analysts expect earnings growth of around 14% for these megacaps, compared to roughly 3.4% for the rest of the S&P 500 Investors.com+7Mitrade+7巴倫周刊+7.
Monday’s rally in futures (~+0.25%) was powered by optimism around these reports Mitrade+15Reuters+15NBC 5 Dallas-Fort Worth+15.
Markets are also digesting the risk of increased tariffs set to begin August 1. The U.S. threatens tariffs of 20–50%, while the EU and other partners eye retaliatory measures 華爾街日報+4Reuters+4市場觀察+4.
Even so, upbeat corporate earnings have helped offset some tariff-driven concern Reuters.
Federal Reserve Chair Powell’s upcoming speech is being dissected for rate-hike cues. Currently, markets price in steady rates now, with potential cuts likely in September ReutersNBC 5 Dallas-Fort WorthReuters.
Index | Value | Intraday Move |
---|---|---|
Dow Jones | Around 44,323 pts | Flat/slightly down |
S&P 500 | Near 6,305–6,348 pts | Slight gains, record zone |
Nasdaq | Around 20,974–21,076 pts | Hits new highs |
SwingTradeBot+14Google+14華爾街日報+14市場觀察+8Investing.com+8Reuters+8Investing.com+3Investopedia+3Reuters+3
Markets are in a holding pattern, digesting:
Anticipated blockbuster earnings from the tech giants.
Persistent trade uncertainties, particularly tariffs set post-August 1.
Awaiting Fed commentary to reassess rate expectations.
Bottom line: Investors are exercising caution—futures remain flat—but underlying strength from earnings and signs of macro stability could propel stocks higher if results meet expectations.