US Futures Slip Ahead of Earnings Deluge
2026-07-13 00:12
By
Jam Kaimo Samonte
1 min. read
US stock futures edged lower on Monday as investors prepared for a busy week of corporate earnings while keeping a close watch on escalating tensions in the Middle East.
Major US banks, including JPMorgan Chase, Goldman Sachs, Morgan Stanley, Bank of America, Citigroup, and Wells Fargo, are set to report their latest quarterly results.
Other companies scheduled to release earnings include Johnson & Johnson, GE Aerospace, UnitedHealth Group, Intuitive Surgical, and Netflix.
S&P 500 companies are expected to post a 24% increase in second-quarter profits, offering a key test of whether strong earnings can support an artificial intelligence-driven rally.
Investors are also awaiting key US inflation data this week for further clues on the Federal Reserve's policy outlook.
Meanwhile, the US and Iran exchanged fresh missile strikes over the weekend amid persistent tensions over shipping through the Strait of Hormuz.