FX.co ★ US Futures Steady After Mixed Wall Street Session

On Tuesday, U.S. stock futures remained stable following a mixed start to the week on Wall Street. The previous day saw the S&P 500 and the Nasdaq Composite inch upward by 0.02% and 0.33%, respectively, both reaching new record highs. Conversely, the Dow Jones Industrial Average experienced a slight decline of 0.14%. The market was influenced by a newly announced trade agreement between the United States and the European Union, as well as anticipation surrounding an eventful week filled with corporate earnings reports and significant economic developments. President Trump unveiled the trade accord with the EU, setting a baseline tariff of 15%, while optimism increased regarding a potential extension of the trade truce with China. Investors are also looking forward to earnings announcements from major technology firms such as Meta, Microsoft, Apple, and Amazon. Attention is also focused on the Federal Reserve’s policy decision scheduled for Wednesday, with traders eager for indications of a potential interest rate cut in September. Additionally, essential economic indicators—including PCE inflation data and the July employment report—are expected later in the week.