FX.co ★ US Futures Dip Ahead of Key Corporate Earnings

U.S. stock futures dipped on Tuesday as investors braced for earnings updates from major corporations such as Johnson & Johnson, Bank of America, Citigroup, Interactive Brokers, and PNC Financial. These reports are anticipated to shed light on how the recent tariffs are affecting corporate forecasts, with many companies expected to underscore growing uncertainty in their outlooks. During Monday's regular trading session, the Dow climbed 0.78%, the S&P 500 increased by 0.79%, and the Nasdaq Composite advanced by 0.64%. Ten out of the 11 sectors in the S&P 500 registered gains, with real estate, utilities, and consumer staples emerging as the top performers. The market's optimistic sentiment on Monday was bolstered by the Trump administration's decision to exempt certain electronics—including smartphones, computers, and semiconductors—from the newly imposed reciprocal tariffs. Nevertheless, President Trump subsequently clarified that these items remain “subject to the existing 20% Fentanyl Tariffs,” injecting a degree of uncertainty into the policy landscape.