Dow Futures rise as US-Japan trade deal boosts markets; earnings from Alphabet, Tesla, and chipmaker woes in focus.

US stock market futures surged early Wednesday after President Donald Trump announced a landmark $550 billion trade agreement with Japan, easing global trade tensions and igniting optimism on Wall Street.

The Dow, S&P 500, and Nasdaq are are rising in premarket trading as the stock market digests more earnings reports.

U.S. stock-market futures were little changed Sunday, as investors await the next tariff developments and a big week of quarterly earnings.

S&P 500 futures inched higher early Wednesday after President Donald Trump announced the U.S. had reached a trade deal with Japan. Futures linked to the broad market index were up 0.24%, while Dow Jones Industrial Average futures added 133 points, or 0.3%. Nasdaq 100 futures were up 0.1%.

Stock futures wavered between slight gains and losses Tuesday morning as investors reacted to quarterly results from a slew of major companies.

EUR/USD has erased losses to retake 1.1700 in the European session on Tuesday. The pair picks up bids as the US Dollar recovery falters amid market caution, in light of the Trump-Powell feud and the impending US-EU trade deal.

The moves come after Wall Street saw a winning session, with the S&P 500 posting fresh intraday and closing records.