24 July 2025, 03:44 USA: Futures Mixed Following Big Tech Earnings.
US stock futures were mixed on Thursday as investors digested earnings from major tech firms. Nasdaq 100 and S&P 500 futures rose 0.4% and 0.1%, respectively, lifted by a 2% gain in Alphabet shares after the company topped both earnings and revenue expectations. In contrast, Tesla fell 4.5% in extended trading as a decline in auto revenue disappointed investors. Dow futures slipped 0.3%, dragged lower by a more than 5% drop in IBM after its Q2 software revenue missed estimates. In Wednesday’s regular session, the Dow rallied 1.14%, the S&P 500 added 0.78%, and the Nasdaq Composite rose 0.61%, supported by optimism over fresh trade developments and resilient corporate earnings. President Donald Trump announced a trade deal with Japan that includes 15% tariffs on its exports to the US, while reports indicated progress toward an agreement with the EU.
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