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

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

*

Futures up: Dow 0.22%, S&P 500 0.22%, Nasdaq 0.22%

*

Dominos Pizza rises after Q2 same-store sales beat

*

EU to ramp up retaliation plans as US tariff deal

prospects dim

*

Verizon boosts annual profit forecast, shares rise

(Updates with prices, analyst comment before the opening bell)

By Nikhil Sharma and Pranav Kashyap

July 21 (Reuters) - Wall Street was set for a higher

open on Monday, as investors welcomed the prospects of new trade

deals to kick off a week packed with earnings from tech giants

that could dictate the market's next move.

S&P 500 E-minis rose 13.75 points, or 0.22%, at 8:23

a.m. ET, and Nasdaq 100 E-minis climbed 52.25 points, or

0.22%, hovering near all-time highs hit last week.

Dow E-minis were up 98 points, or 0.22%.

Despite the looming August 1 tariff deadline set by U.S.

President Donald Trump, investors exhibited resilience, hoping

for some progress in trade talks.

The optimism was built on comments from U.S. Commerce

Secretary Howard Lutnick on Sunday, who expressed confidence

over striking a trade deal with the European Union.

However, EU diplomats said the 27-member bloc is exploring a

broader set of possible counter-measures against the United

States, as hopes for a breakthrough deal with Washington

dwindled.

The developments come in the wake of Trump's threat to

impose a 30% tariff on imports from Mexico and the European

Union.

The president has also sent letters to other trading

partners, including Canada, Japan and Brazil, setting blanket

tariff rates ranging from 20% to 50%.

Despite Trump's persistent attacks, the S&P 500 and

the Nasdaq reached new heights last week as investors

believed that the economic fallout from tariffs might not be as

dire as once feared.

Meanwhile, the blue-chip Dow hovered just 1.64% shy of its

all-time high.

All eyes are on marquee names such as Alphabet and

Tesla, whose results this week will kick off the

"Magnificent Seven" earnings parade, and could set the tone for

Wall Street.

Shares of Tesla and Alphabet were up 1.6% and 0.8%,

respectively, in premarket trading.

"There's still a ton of trade uncertainty, and so I think

the focus on earnings has given investors some things to be

excited about," said Ross Mayfield, investment strategy analyst

at Baird.

"There's a lot of optimism around those big tech earnings

and AI demand that should continue to help indexes."

On Monday, Verizon gained 4.6% after boosting its

annual profit forecast. Meanwhile, shares of Domino's Pizza

rose 3.6% after the world's largest pizza chain

surpassed analysts' expectations for second-quarter U.S.

same-store sales.

The week is light on the economic data front, with only

notable indicators being weekly jobless claims figures and the

July business activity report expected on Thursday.

Investors will closely analyze Federal Reserve Chair Jerome

Powell's remarks on Tuesday for any clues on the central bank's

next move, especially after last week's mixed inflation signals.

Traders have largely ruled out a July rate cut, and are now

pegging the odds at about 60% for a September reduction,

according to CME Group's FedWatch tool.

Ethereum-linked companies Bitmine Immersion Technologies

, Gamesquare Holdings ( GAME ), BTCS ( BTCS ) and

Sharplink Gaming ( SBET ) advanced between 2.2% and 8.5% as

ether traded near its highest level this year after Trump

signed into law a bill regulating stablecoins in the United

States.

(Reporting by Nikhil Sharma in Bengaluru; Editing by Maju

Samuel and Shinjini Ganguli)