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While Dow Jones futures were down 0.94% at the time of writing, the S&P 500 futures fell 0.95%.

On Thursday, stocks succumbed to concerns about tariffs and macroeconomic worries, which offset the optimism generated by solid quarterly results from Meta and Microsoft.

The sweeping tariffs ranged from 10% to 41%, with the upper end of the range applicable for Syria.

Meta Platforms shares surged more than 12% in Thursday’s midday trade after the company’s second-quarter earnings blew past Wall Street expectations.

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The People’s Daily urged the U.S. to ease export restrictions and highlighted that American firms could benefit from China’s push to boost domestic demand and imports.

On Wednesday, the major averages closed on a mixed note, as traders were left unimpressed by the Fed's decision and Chair Powell’s comments at the press conference that followed the meeting.

Palo Alto Networks announced it will pay CyberArk investors $45 per share and 2.2005 PANW shares as part of the $25 billion deal to acquire the firm.

In a post on Truth Social, President Donald Trump called India’s tariffs “among the highest in the world” and criticized its purchases of Russian energy and military equipment.

While Dow Jones futures were up 0.03% at the time of writing, the S&P 500 futures rose 0.1%.

Investors may also keep an eye on any developments on the trade news front as President Donald Trump’s Aug. 1 tariff deadline draws closer.

In a statement issued on Tuesday, Starmer called on the Israeli government to take substantive steps to end the “appalling situation” in Gaza.

Data from the CME FedWatch tool indicates a 96.9% probability that the Fed will maintain interest rates at the current 4.25% to 4.5% range in July.

Open positions at the end of June stood at 7.44 million, down from 7.71 million in May as revised by the Bureau of Labor Statistics.

While Dow Jones futures were up 0.09% at the time of writing, the S&P 500 futures surged 0.26%.

The U.S. is evaluating India’s readiness to make structural policy changes, as opening its protected domestic market would mark a major departure from New Delhi’s longstanding trade stance.

The canceled visit comes as the U.S. and China work to extend a tariff truce, with President Trump preparing for a possible summit with Chinese President Xi Jinping.

In the upcoming session, the spotlight is likely to be on the Federal Open Market Committee meeting that gets underway, the results of the Job Openings And Labor Turnover Survey, and the Conference Board’s July consumer confidence data.

Tesla’s shares continued to rise on Monday, extending the surge from Friday after the company announced a $16.5 billion partnership with Samsung Electronics for semiconductor chips.

According to a Bloomberg report citing defense analysts and open-source data, the U.S. is likely to have flown the new B61-12 thermonuclear bombs to the U.K. in a C-17 military aircraft earlier this month.

The economist stated that China striking a deal with the U.S. is not only essential for its relationship with the United States, but also for its other trade partners.

This comes at a time when the Trump administration has agreed to a 15% tariff deal with the European Union.

While Dow Jones futures were up 0.16% at the time of writing, the S&P 500 futures surged 0.25%.