21 July 2026, 16:38  USA: Stocks Gain Traction.

Futures tracking US equity indices were higher on Tuesday with support from the tech sector ahead of key earnings releases. Contracts for the S&P 500 and the Dow were around 0.5% higher, gaining ground after multiple muted sessions, while the Nasdaq 100 rose almost 1%. Alphabet shares were higher premarket ahead of their earnings tomorrow after the bell, serving as the latest signal for AI infrastructure demand by hyperscalers. Chip stocks advanced after strong export data from Taiwan and South Korea maintained the momentum for semiconductor producers. Tesla was also 1% higher ahead of its earnings tomorrow. Meanwhile, other sectors halted recent selling pressure despite further escalation between Iran and the US and its impact on higher energy prices. Treasury yields remained high and drove financial stocks to trim part of their earnings-fueled rally last week. Meanwhile, GM rose 2% after posting their results, while Charles Schwab sank 3% after missing earnings estimates.

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