Dow, S&P 500, Nasdaq futures climb as huge week of market-watched events rolls on

US stock futures edged higher on Tuesday as Wall Street prepared for fresh earnings and economic data amid a blockbuster week that could shake markets.

Dow Jones Industrial Average futures (YM=F) inched up 0.1%, while those on the S&P 500 (ES=F) added roughly 0.2%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) rose about 0.3%.

Stocks are consolidating aft er the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) eked out record highs on Monday as Wall Street digested a new trade deal between the US and European Union.

Earnings season rolls on with Boeing (BA) and Starbucks (SBUX) reports watched for signs of turnarounds under way, while Spotify (SPOT) is expected to issue cautious guidance in its results.

On the economic docket, JOLTS job openings from the Labor Department is set to land, along with a new reading of the Conference Board's consumer confidence index.

Later in the week, the big events are the Federal Reserve's meeting and its next move on interest rates, the July jobs report, and earnings from tech giants Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), and Meta (META).

But looming large is President Trump's deadline Friday for trading partners to strike deals or else face blanket tariff rates, amid a new wave of talks between the US and China.

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Nvidia orders 300,000 H20 chips from TSMC to satiate Chinese demand

Reuters reports:

Nvidia placed orders for 300,000 H20 chipsets with contract manufacturer TSMC last week, two sources said, with one of them adding that strong Chinese demand had led the U.S. firm to change its mind about just relying on its existing stockpile.

Read more here.
Oil maintains gains with tariffs and OPEC+ supply in sight

Oil maintained gains following Trump putting pressure on Russia over the war in Ukraine with economic sanctions against Putin's government on the table.

Bloomberg reports:

Read more here.