U.S. stock futures made gains Sunday evening as Wall Street reorganized in many fresh headwinds, including disappointing labor data and ongoing trade uncertainty.
Futures related to the S&P 500 index (ES = F) climbed 0.2%, while contracts for the Nasdaq 100 (NQ = F) rose 0.3%, and Dow Jones Industrial Average Futures (YM = F) rose 0.1%.
The modest move was Friday’s sharp pullback on Wall Street. The three main indexes have declined weekly within a few months, ending a positive market shift. The S&P 500 (^GSPC) fell 2.4%, marking the steepest decline since late May. In the worst week since early April, the Dow Jones Index fell 2.9%, while Nasdaq Composite (^i tocie) accounted for 2.2%.
The July job report was weaker than expected, with Friday’s decline intensified and the record in the previous months drastically lowered, which would narratively tend toward the strength of the labor market. It led to President Trump’s slamming at the Bureau of Labor Statistics, which released monthly employment reports and fired its commissioners, creating further uncertainty.
Trump’s struggle with the Federal Reserve and Chairman Jerome Powell has also been at the spotlight. Traders’ expectations for interest rate policy have been eased after the bank’s fifth consecutive meeting last week when it decided to keep interest rates unchanged. But after weak job data, almost 90% of the bets in September were staked.
Meanwhile, investors are reviewing Trump’s impact on the implementation of tariffs. The latest tariffs will be fully effective this week on a wide range of trading partners, ranging from 10% to 41%, and add concerns about rising costs on inflationary pressures.
Read more: Latest information about Trump’s tariffs
With busy company issuances, the revenue season continues. More than 100 S&P 500-year-old companies will report, with a look at Palantir (PLTR), Eli Lilly (Lly) and Disney (DIS).
coming soon
Stock Market Coverage on Monday, August 1, 2025
