US Edition
Stocks Higher with Eyes on Earnings, US Tariff Deadline
UNITED STATES, AUG 6 – Investors weigh tariff escalations and weak US economic data ahead of major earnings reports from companies like Walt Disney and McDonald’s, with S&P 500 futures up about 0.2%.
- On Wednesday, US equity futures posted modest gains as investors assessed President Donald Trump's tariff threats and disappointing economic data.
- Data Tuesday revealed weakening US services amid sticky price pressures, with trade uncertainty persisting as markets await further developments.
- Amid tariff concerns, S&P 500 futures gained about 0.2% while Nasdaq 100 contracts were flat, and the 10-year Treasury yield rose two basis points to 4.23%.
- US futures are near record highs as Walt Disney Co., McDonald’s Corp., Uber Technologies Inc. and Shopify Inc. report earnings Wednesday amid a tech and AI rotation.
- Meanwhile, US futures rose ahead of earnings as separate 50-percent US tariffs on Brazilian imports took effect Wednesday, with exemptions easing trade tensions.
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Stocks higher with eyes on earnings, US tariff deadline
Wall Street stocks rebounded Wednesday led by Apple and other large tech companies as markets largely shrugged off US President Donald Trump's latest tariff hikes.
·Missoula, United States
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Global Stocks Waver With Earnings Taking Centre Stage: Markets Wrap
European stocks erased an advance and US equity futures posted modest gains as investors assessed US President Donald Trump’s latest tariff threats, disappointing economic data and a rush of corporate earnings reports.The Stoxx Europe 600 benchmark was little changed after climbing as much as 0.4% amid mixed results from some of the region’s biggest companies. Contracts on the S&P 500 added about 0.3% as traders await earnings from firms includi…
Coverage Details
Total News Sources54
Leaning Left7Leaning Right10Center7Last UpdatedBias Distribution42% Right
Bias Distribution
- 42% of the sources lean Right
42% Right
L 29%
C 29%
R 42%
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