Stock futures are flat in overnight trading ahead of key corporate earnings: Live updates

Stock futures are flat in overnight trading ahead of key corporate earnings: Live updates


Traders on the floor of the New York Stock Exchange on Aug. 4, 2022.

Source: NYSE

Stock futures were flat in overnight trading Monday as investors awaited key corporate earnings and the beginning of the Federal Reserve’s policy meeting.

Futures on the Dow Jones Industrial Average inched up 20 points. S&P 500 futures and Nasdaq 100 futures both traded 0.1% higher.

Quarterly results from Merck, Pfizer, PayPal, Procter & Gamble and JetBlue before the bell Tuesday could dictate market sentiment during the session. Investors will also watch closely for numbers from Microsoft, Advanced Micro Devices and Starbucks after the closing bell.

So far, more than 40% of the S&P 500 companies have reported their results with 79% posting earnings that exceeded Wall Street expectations, according to LSEG. That compares to a five-year average earnings beat rate of 77%.

“Both 2024 and 2025 consensus EPS are holding up, with 2024 EPS tracking a typical non-recessionary year revision trend. This suggests that analysts are relatively comfortable with their estimates,” Savita Subramanian, Bank of America’s head of U.S. equity and quantitative strategy, said in a note. “Corporate
commentaries are also relatively sanguine.”

The Fed’s two-day policy meeting is set to begin Tuesday where central bank Chief Jerome Powell could signal the timing and number of rate cuts expected in the next few months. The Fed previously projected only one rate cut for the remainder of 2024, and traders have priced in a 100% chance for a September rate reduction, according to the CME FedWatch Tool.

“Inflation is trending lower, supporting Federal Reserve rate cuts,” said Seema Shah, chief global strategist at Principal Asset Management. “This, coupled with a still robust economic outlook and strong corporate earnings, should bolster risk assets and lead to a broadening of returns away from just technology.”



Source

S&P 500 rises to record as Nvidia results validate AI boom: Live updates
World

S&P 500 rises to record as Nvidia results validate AI boom: Live updates

Traders work on the floor of the New York Stock Exchange on July 30, 2025. Spencer Platt | Getty Images The S&P 500 reached new heights on Thursday as traders pored over Nvidia’s earnings results and forecast. Investors largely looked at the numbers as affirming the AI boom. The broad market index was last 0.2% […]

Read More
U.S. economy expanded 3.3% in Q2, with growth even stronger than initially thought
World

U.S. economy expanded 3.3% in Q2, with growth even stronger than initially thought

A shopper holds Macy’s bags outside the company’s flagship store in the Herald Square neighborhood of New York, July 15, 2025. Alan Chin | Bloomberg | Getty Images The U.S. economy grew at a pace that was faster than expected in the second quarter as consumers and businesses held up against tariff volatility. Gross domestic […]

Read More
Best Stocks: Another name to ride the trading boom than Robinhood that’s cheaper
World

Best Stocks: Another name to ride the trading boom than Robinhood that’s cheaper

(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — Robinhood (HOOD) gets lots of attention in the market given its rapid user growth and colorful approach to exposing millions of young people to investing. Its share price has increased almost […]

Read More