FX.co ★ US Futures Point to Gain at the Open

On Tuesday, US stock futures experienced a slight uptick, with futures for the Dow, S&P 500, and Nasdaq 100 all climbing by approximately 0.4%. This rise in investor optimism was largely fueled by increasing expectations that auto tariffs might be temporarily suspended. President Trump mentioned on Monday that he is considering granting temporary exemptions on tariffs for imported vehicles and auto parts. This measure is intended to allow manufacturers additional time to boost their production within the United States. Concurrently, the Commerce Department has launched a new investigation to assess the national security concerns associated with semiconductor and pharmaceutical imports. This initiative is widely interpreted as a precursor to potentially imposing new tariffs in these sectors. Additionally, investors are paying close attention to quarterly earnings reports from major corporations such as Johnson & Johnson, Bank of America, and Citigroup, as the earnings season intensifies.