Wall Street Regains Footing Amid Earnings and Trade Tensions

US stock futures edged higher on Tuesday as markets stabilized following a volatile week. The S&P 500 and Nasdaq futures rose 0.2% and 0.3% respectively, while Dow futures hovered NEAR flat. Palantir shares gained premarket after reporting quarterly revenue exceeding $1 billion for the first time.

Monday's rebound followed Friday's selloff triggered by multiple market shocks: a disappointing jobs report, new tariff announcements, inflationary signals, and the abrupt dismissal of the Bureau of Labor Statistics commissioner. Trade tensions persist as the former administration threatens increased tariffs on India.

Investors now turn their attention to ongoing earnings season, with AMD and Rivian reporting Tuesday followed by McDonald's and Disney on Wednesday. However, fresh trade uncertainties loom as new global tariffs are scheduled to take effect later this week.