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U.S. stock index futures were on the rise Friday, capping off a generally positive week as investors continued to digest strong quarterly earnings reports, alongside optimism about ongoing trade talks.<\/p>\n\n\n\n
As of 05:30 ET (09:30 GMT)<\/strong>, Dow Jones Futures<\/strong> rose by 90 points<\/strong> or 0.2%<\/strong>, S&P 500 Futures<\/strong> gained 10 points<\/strong> or 0.1%<\/strong>, and Nasdaq 100 Futures<\/strong> climbed 10 points<\/strong>, or 0.1%<\/strong>.<\/p>\n\n\n\n The main Wall Street indices were on track to finish the week with gains, with the Dow Jones Industrial Average<\/strong> set to close nearly 1% higher<\/strong> for the week. The Nasdaq Composite<\/strong> was also poised for a 1% gain<\/strong>, while the S&P 500<\/strong> saw a rise of about 1.1%<\/strong> week-to-date.<\/p>\n\n\n\n As of Friday, almost 83%<\/strong> of the 155 S&P 500 companies<\/strong> that had reported earnings exceeded Wall Street expectations. This positive earnings season helped drive both the S&P 500<\/strong> and Nasdaq Composite<\/strong> to fresh all-time intraday and closing highs on Thursday.<\/p>\n\n\n\n Investor sentiment was also buoyed by the announcement of a trade deal with Japan<\/strong>, which helped lift expectations for further deals ahead of the August 1 deadline<\/strong> for new tariffs. The European Commission<\/strong> indicated that a negotiated solution was “within reach,” while U.S. and Chinese officials are set to meet in Stockholm<\/strong> next week to discuss extending the trade deal negotiations.<\/p>\n\n\n\n On the earnings front, Intel (NASDAQ: INTC)<\/strong> reported weaker-than-expected guidance for the third quarter. The chipmaker revealed plans to reduce its headcount by 22%<\/strong> by the end of the year, aiming for a workforce of 75,000<\/strong> through a combination of attrition and other means. Intel\u2019s disappointing forecast weighed on sentiment, though the broader market remained focused on strong earnings from other sectors.<\/p>\n\n\n\n On a more positive note, Deckers (NYSE: DECK)<\/strong>, the shoe retailer, saw its stock surge in premarket trading after reporting stronger-than-expected sales from its Hoka<\/strong> and Ugg<\/strong> brands. Paramount Global (NASDAQ: PARA)<\/strong> also rose after receiving approval from the Federal Communications Commission<\/strong> for its $8 billion<\/strong> merger with Skydance Media<\/strong>.<\/p>\n\n\n\n The economic calendar for Friday highlights June durable goods orders<\/strong>, which are expected to fall sharply after the significant gains seen in the previous month. The decline is attributed to businesses preparing for possible tariffs. Additionally, weaker-than-expected manufacturing PMI data<\/strong> released on Thursday raised concerns about the U.S. economy, revealing that manufacturing activity unexpectedly shrank in July. However, the overall business activity still showed growth, bolstered by strength in the services PMI<\/strong>.<\/p>\n\n\n\n With the Federal Reserve<\/strong> meeting next week, traders are closely watching for any signs regarding interest rates. While the central bank is widely expected to leave rates unchanged, any remarks regarding the health of the economy will be closely scrutinized. President Donald Trump<\/strong> reiterated his call for lower interest rates during a visit to the Fed\u2019s Washington headquarters on Thursday. However, Trump has backed off from recent threats to fire Fed Chair Jerome Powell<\/strong>, at least for the time being.<\/p>\n\n\n\n With trade talks<\/strong> and economic data<\/strong> dominating the market\u2019s focus, the outlook remains dynamic as investors adjust to evolving conditions.<\/p>\n","protected":false},"excerpt":{"rendered":" U.S. stock index futures were on the rise Friday, capping off a generally positive week as investors continued to digest strong quarterly earnings reports, alongside optimism about ongoing trade talks. As of 05:30 ET (09:30 GMT), Dow Jones Futures rose by 90 points or 0.2%, S&P 500 Futures gained 10 points or 0.1%, and Nasdaq …<\/p>\n","protected":false},"author":9,"featured_media":94980,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[],"class_list":["post-117021","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/117021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=117021"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/117021\/revisions"}],"predecessor-version":[{"id":117022,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/117021\/revisions\/117022"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/94980"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=117021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=117021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=117021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Strong Earnings Boost Investor Sentiment<\/strong><\/h3>\n\n\n\n
Trade Deal Optimism Lifts Market Sentiment<\/strong><\/h3>\n\n\n\n
Intel Disappoints with Third-Quarter Outlook<\/strong><\/h3>\n\n\n\n
Economic Data: Durable Goods Orders Expected to Fall<\/strong><\/h3>\n\n\n\n
Fed Meeting and Rate Outlook<\/strong><\/h3>\n\n\n\n