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Traders enactment connected the level of the New York Stock Exchange (NYSE) astatine the opening doorbell connected July 18, 2025, successful New York City.
Angela Weiss | AFP | Getty Images
Stock futures were small changed connected Monday nighttime aft the S&P 500 and Nasdaq Composite deed caller records.
Futures tied to the Dow Jones Industrial Average 40 points, oregon astir 0.1%. S&P 500 futures added 0.05%, portion Nasdaq 100 futures gained 0.01%.
In the previous session, the S&P 500 roseate astir 0.1% and the Nasdaq Composite advanced astir 0.4%. Both indexes deed caller all-time intraday highs and closed astatine records, aided by a pre-earnings leap successful Alphabet. The Dow underperformed and ended the time marginally lower.
Investors are turning to a large week for second-quarter fiscal results. So far, much than 60 S&P 500 companies person reported, with much than 85% of those topping analysts' estimates, according to FactSet data. Eyes are connected commentary from companies astir macroeconomic certainty, the interaction of tariffs and details connected request and spending related to artificial intelligence.
Philip Morris International, Coca-Cola and Lockheed Martin are conscionable a fewer of the companies connected platform to study net results connected Tuesday. Google genitor Alphabet and Tesla volition study Wednesday, kicking disconnected highly anticipated results from the "Magnificent Seven" companies. The mega-cap tech companies are expected to lend to a important magnitude of net maturation this season.
Given the caller rally successful stocks, investors are watching for however acold the marketplace tin run, with immoderate commenting that valuations already look stretched. Cetera Investment Management main concern serviceman Gene Goldman said that "much of the bully quality appears to beryllium priced in, leaving small borderline for error."
"Markets whitethorn person rallied excessively far, excessively fast," Goldman added. "After dipping aft 'liberation day' to 4,982, the S&P bounced backmost sharply, in information – the betterment has been the fastest successful astir 50 years even arsenic 2025 net expectations were astir halved."
On the economical front, Federal Reserve Chairman Jerome Powell is slated to talk astatine an lawsuit successful Washington connected Tuesday morning.
Semafor reports Goldman Sachs is hunting for acquisitions, Northern Trust shares jump
Goldman Sachs CEO David Solomon held talks astir a $25 cardinal takeover of wealthiness absorption steadfast Northern Trust earlier this twelvemonth and astir closed a $6 cardinal woody for Cliffwater, Semafor reported connected Monday evening, citing radical acquainted with the matter. Shares of Northern Trust jumped much than 4% connected the report.
According to Semafor's report, Goldman has besides looked into deals related to low-fee ETFs, wherever the steadfast has struggled to grow. The firm's propulsion into these areas comes aft its failed user banking ambitions.
Shares of Goldman are up much than 23% this year.
— Pia Singh
NXP Semiconductors, Steel Dynamics moving connected net results
Take a look astatine companies making moves aft Monday's close:
- NXP Semiconductors saw shares autumn much than 5% aft the institution reported a diminution successful income for the 2nd quarter, wounded by dilatory request successful the automotive market. NXP inactive bushed connected apical and bottommost lines, however. The institution posted adjusted net of $2.72 per stock connected gross of $2.93 billion. Analysts polled by LSEG expected net of $2.67 per stock connected gross of $2.90 billion.
- Steel Dynamics posted lackluster fiscal results for its 2nd quarter, starring shares down by astir 3.4%. The institution reported net of $2.01 per stock connected revenues of $4.57 billion. Analysts polled by LSEG called for net of $2.10 per stock and gross of $4.76 billion.
- Shares of determination slope Zions Bancorp roseate 2.4%. Zions posted second-quarter net of $1.63 per share, exceeding analysts' statement estimation of $1.31 per share, per LSEG. Zions' CEO Harris Simmons said, "We're incrementally much optimistic astir maturation successful the backmost fractional of the twelvemonth than we'd antecedently been."
— Pia Singh