FX.co ★ US Futures Steady After Choppy Start to Week

U.S. stock futures remained stable on Tuesday following a tumultuous start to the week. On Monday, the S&P 500 and Nasdaq Composite achieved new record highs, propelled by robust performance in technology stocks, though these gains were trimmed later in the day. The Dow Jones lagged behind, closing with a slight decline. Notable market performers included Alphabet, which climbed 2.7% in anticipation of its earnings release on Wednesday. Other major technology companies also saw increases: Amazon rose by 1.4%, Netflix by 2%, and Meta by 1.2%. To date, over 85% of the S&P 500 companies that have reported earnings have surpassed expectations, with major tech firms anticipated to contribute significantly to the forecasted 6–7% earnings growth this quarter. Investors are now focused on upcoming earnings announcements from Philip Morris, Coca-Cola, and Lockheed Martin, as well as remarks from Federal Reserve Chair Jerome Powell at a Washington event.