U.S. Stock Futures Rise as U.S.-EU Seal Trade Agreement and Tech Giants Prepare to Report Earnings

U.S. stock futures rose early Monday after the U.S.-EU trade deal was announced, with futures on the Nasdaq 100, Dow Jones Industrial Average, and S&P 500 up 0.55%, 0.19%, and 0.39%, respectively. Markets are heading into the busiest week of earnings season, with over 150 S&P 500 companies reporting results, including tech giants Meta, Microsoft, Amazon, and Apple. The Fed is expected to keep rates steady between 4.25% and 4.5%, and the June PCE index is expected to show a year-over-year increase to 2.4%.

U.S. stock futures rose early Monday morning following the announcement of a U.S.-EU trade deal. Futures tied to the Nasdaq 100, Dow Jones Industrial Average, and S&P 500 were up by 0.55%, 0.19%, and 0.39%, respectively [1]. This move comes after President Donald Trump announced that the U.S. has reached an agreement with the European Union to lower tariffs to 15% [1].

Markets are gearing up for the busiest week of earnings season, with over 150 S&P 500 companies set to report their quarterly results. Highlighted among these are tech giants Meta, Microsoft, Amazon, and Apple [1]. Investors will be closely watching for comments on AI spending to gauge the justification of big investments in hyperscalers this year [1].

The Federal Reserve is scheduled to hold its two-day policy meeting this week, concluding on Wednesday. Although the central bank is expected to keep interest rates at their current target range of 4.25% to 4.5%, investors will be looking for any hints about a potential rate cut at the September meeting [1].

Key economic data releases include the June personal consumption expenditures price (PCE) index, expected to show a year-over-year increase to 2.4% [1]. Additionally, investors will be watching for job-related data such as the Job Openings and Labor Turnover Survey (JOLTS), ADP's private payrolls report, initial jobless claims, and the critical July jobs report [1].

The U.S. dollar also strengthened against major currencies following the U.S.-EU trade deal, reaching a 1-week high against the euro [2]. The greenback may test resistance around the 1.15 region against the euro, 1.33 against the pound, and 149.00 against the yen [2].

As markets prepare for this busy week, investors should remain vigilant to the potential impact of earnings reports and economic data releases. The coming days will provide insights into the health of the U.S. economy and the direction of monetary policy.

References:
[1] https://www.cnbc.com/2025/07/27/stock-market-today-live-updates.html
[2] https://forex.tradingcharts.com/forex_news/us_dollar_rises_following_useu_07282025_0191.html