US stock futures steady after tech rebound; Tesla, Alphabet earnings in focus
U.S. stock futures were little changed after a strong rebound in technology shares lifted Wall Street, with investors now focused on second-quarter earnings from Tesla and Alphabet. The Nasdaq, S&P 500 and Dow all closed higher, helped by a 5.2% jump in the Philadelphia Semiconductor Index as chip stocks recovered from last week’s selloff. Tesla rose 2.53% and Alphabet fell 1.38% in late trading context, but both are among the most closely watched earnings reports this week. Broader sentiment was tempered by escalating U.S.-Iran tensions, which pushed oil to five-week highs and revived inflation and interest-rate concerns. The article suggests that near-term market direction will hinge on mega-cap tech results and whether geopolitical risk continues to support energy prices and pressure risk assets.