Wall Street Faces Uncertainty as Earnings and Trade Tensions Impact Futures

Stock futures indicate a cautious outlook as Wall Street navigates mixed earnings reports and ongoing trade concerns. Futures linked to the Dow Jones Industrial Average and the S&P 500 remain near flat, while Nasdaq futures decline approximately 0.2%. After Tuesday's trading session, AMD reported mixed financial results, citing strong AI demand but facing stock declines due to costs associated with President Trump's evolving policies on chip exports to China. Super Micro also saw its shares fall after missing earnings estimates, highlighting rising competition in AI server markets. Electric vehicle manufacturers Rivian and Lucid experienced declines as both warned that the expiration of EV tax credits could hinder their growth. During intraday trading, stocks declined amid escalating trade tensions fueled by Trump's increased tariff threats and data showing stagnation in the services sector. Investors are awaiting earnings reports from Disney and McDonald's scheduled for Wednesday, while international trade negotiations intensify as U.S. trading partners seek to finalize deals ahead of Thursday's tariff deadline. Stay tuned for live updates on the stock market's performance throu...