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FX.co ★ US Futures Steady Ahead of Key Earnings

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typeContent_19130:::2025-10-21T00:01:10

US Futures Steady Ahead of Key Earnings

US stock futures remained largely unchanged on Tuesday as investors anticipated a series of significant earnings reports, with companies such as Netflix, Coca-Cola, and General Motors all scheduled to announce their results later in the day. As the week progresses, market focus is expected to shift toward earnings from major players like Tesla, Intel, and Procter & Gamble. On Monday, the Dow rose by 1.12%, the S&P 500 increased by 1.07%, and the Nasdaq climbed 1.37%, buoyed by Apple's impressive 3.9% surge to a new record high following reports that showed iPhone 17 sales outstripping those of the iPhone 16 in both the US and China. Bank stocks also experienced gains amid reduced concerns in the credit markets. Adding to the optimistic sentiment, President Donald Trump expressed confidence in reaching a “fair deal” with China’s President Xi Jinping during their upcoming meeting in South Korea, which helped ease trade tensions. Nevertheless, the ongoing government shutdown continued to cast a shadow of uncertainty over the overall economic outlook.

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