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Corporate Earnings, Geopolitics Nudge Wall Street Higher Pre-Bell; Asia Mixed, Europe Off
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Corporate Earnings, Geopolitics Nudge Wall Street Higher Pre-Bell; Asia Mixed, Europe Off
Jul 21, 2025 4:44 AM

07:19 AM EDT, 07/21/2025 (MT Newswires) -- Wall Street futures pointed moderately higher pre-bell Monday as traders took positions ahead of a heavy week of earnings reports and relative calm on the geopolitical scene.

In the futures, the S&P 500 was up 0.3%, the Nasdaq edged 0.3% higher and the Dow Jones was up 0.2%.

Asian exchanges traded unevenly overnight, with Tokyo on holiday but Hong Kong gaining, while European bourses edged lower midday on the continent.

In earnings news, companies reporting later this week include Tesla (TSLA), Alphabet (GOOG, GOOGL), Intel (INTC), ServiceNow (NOW), International Business Machines (IBM), Coca-Cola (KO), General Motors (GM), Blackstone (BX), Union Pacific (UNP), Honeywell (HON), and Phillips 66 (PSX), among others.

Verizon Communications (VZ) and Roper Technologies (ROP) reported higher Q2 adjusted earnings and revenue pre-bell Monday.

Block (XYZ) shares were up 9.3% pre-bell after S&P Dow Jones Indices disclosed that the company will be added to the S&P 500 index on Wednesday.

On the economic releases front this week, the S&P Global flash US purchasing managers index for July is due on Thursday.

On the thin economic calendar Monday is the leading economic indicators report for June at 10 am ET.

In premarket activity, Bitcoin traded at $118,584, West Texas Intermediate crude oil traded lower at $65.86, and 10-year US Treasuries offered 4.37%. Spot gold traded for $3,365 an ounce.

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