Traders work at the New York Stock Exchange on July 30, 2025.
NYSE
Stock futures were slightly higher early Tuesday, following Wall Street’s rebound, as investors followed the latest batch of corporate earnings.
Dow Jones Industrial Average futures added 63 points, or about 0.14%. S&P 500 futures and Nasdaq 100 futures each also added 0.13% and 0.28% respectively.
In extended trading, Palantir shares jumped about 4% as the defense technology company said revenue surpassed $1 billion for the first time. On the other hand, Hims & Hers Health fell more than 13% after second-quarter revenue missed Wall Street’s expectations.
Monday night’s moves come after a winning day on Wall Street that allowed stocks to recover losses from the prior session. The market tanked on Friday as the latest policy rollout on tariffs and a weak jobs report left investors questioning the health of the economy. All three of the major indexes ended the week in the red.
But the S&P 500 was able to jump about 1.5% on Monday, snapping a four-day losing streak. More than four out of every five members of the benchmark average advanced in the session.
The technology-heavy Nasdaq Composite surged nearly 2%, while the Dow climbed about 585 points to erase its Friday loss. The small-cap focused Russell 2000 jumped more than 2%.
“You have to respect the momentum that the market has had. We’re still in a very powerful uptrend,” said Cameron Dawson, chief investment officer at NewEdge Wealth, on CNBC’s “Closing Bell.” But, “it wouldn’t be surprising to see some chop as we move through August.”
Investors on Tuesday will watch for more earnings reports. Pfizer, Yum! Brands and Fox are among the companies reporting before the bell, followed by Snap, Advanced Micro Devices and Rivian after the close.
They’ll also monitor economic data on the trade deficit and purchasing due Tuesday morning.
