(For a Reuters live blog on U.S., UK and European stock

markets, click LIVE/ or type LIVE/ in a news window.)

*

Futures: Dow down 0.08%, S&P 500 up 0.12%, Nasdaq up 0.25%

*

Tesla stock up after steep losses in previous session

*

Minutes of Fed June rate meeting due Wednesday

*

Solar stocks fall as Trump seeks to end tax credits

(Updates with prices)

By Pranav Kashyap and Nikhil Sharma

July 8 (Reuters) - Futures tracking the S&P 500 and the

Nasdaq inched higher on Tuesday as investors assessed U.S.

President Donald Trump's latest tariff salvo and pinned their

hopes on fresh negotiations with key trading partners to stave

off a full-blown trade war.

On Monday, Trump notified 14 nations, including Japan, South

Korea, Laos and Myanmar that they would face duties ranging from

25% to 40%.

Wall Street reacted negatively to the news, with the Dow

closing nearly 1% lower on Monday, while the S&P 500

and the Nasdaq closed down 0.8% and 0.9%,

respectively.

However, the postponement of the tariff implementation to

Aug. 1 has offered a negotiation window, an opportunity for

economies to work out favorable terms to soften the blow of

steep levies.

At 07:01 a.m. ET, Dow E-minis were down 36 points,

or 0.08%, S&P 500 E-minis were up 7.5 points, or 0.12%,

and Nasdaq 100 E-minis were up 58.25 points, or 0.25%.

"Trump has re-ignited his threat... but again, he's given

another concession and pushed back the period. That is conceding

to the fact that he wants to achieve these trade deals. It's in

his best interest as well as everyone else's," said Daniela

Hathorn, senior market analyst at Capital.com.

Trump in April capped all of the so-called reciprocal

tariffs with trading partners at 10% until July 9 to allow for

negotiations. In the same month, the Nasdaq was knocked into

bear market territory, while the Dow and S&P 500 had confirmed a

correction.

But Wall Street has since staged a comeback. Last week, the

Nasdaq and the S&P 500 soared to record highs, fueled by a

resilient labor market that alleviated recession fears.

The U.S. has so far reached trade agreements with only

Britain and Vietnam. In June, Washington and Beijing agreed on a

framework covering tariff rates, restoring a fragile truce in

their trade war.

In mega-cap stocks, shares of Tesla rebounded 1.2%

in premarket trading after the stock recorded its steepest

single-day fall in nearly a month on Monday.

Goldman Sachs has raised its three-, six- and 12-month

return forecasts for the S&P 500, citing expectations of U.S.

interest rate cuts and continued fundamental strength of major

large-cap stocks as key drivers of its positive outlook.

Traders have now all but ruled out a July rate cut from the

Federal Reserve, putting the odds of a September cut at around

60%, according to the CME FedWatch tool.

Minutes of the Fed's June rate-setting meeting are scheduled

for release on Wednesday, which will offer investors more

clarity on when the central bank might resume its policy easing

cycle.

Shares of solar stocks fell after Trump on Monday directed

federal agencies to strengthen provisions in the One Big

Beautiful Bill Act that repeal or modify tax credits for solar

and wind energy projects.

SunRun ( RUN ) fell 5.1% and SolarEdge Technologies ( SEDG )

slipped 5.2%.

Meanwhile, it's a quiet week on the economic front, with the

only notable data expected on Thursday on initial jobless

claims. The Fed calendar is equally sparse, featuring just two

district presidents slated to speak.