Dow Futures Jump 215 Points as Markets Eye More Global Agreements

 U.S. Stock Futures Climb as Trump Announces Major Trade Deal with Japan

U.S. stock futures saw a notable boost early Wednesday after President Donald Trump revealed that the United States has secured a significant trade agreement with Japan. This development has sparked optimism among investors, who are hopeful that more international trade deals could be on the horizon.

The Dow Jones Industrial Average futures jumped by 215 points, or 0.5%, while S&P 500 futures rose 0.4%. Nasdaq-100 futures also edged up by 0.1%, reflecting positive sentiment across the markets.

In a post on Truth Social late Tuesday, President Trump described the new pact with Japan as a “massive Deal.” The agreement features reciprocal tariffs of 15% on Japanese exports to the U.S. Trump also mentioned ongoing discussions with European leaders, as the U.S. aims to finalize a trade deal with the European Union before the August 1 deadline.

This push for new trade agreements comes after Trump’s earlier announcement in April, which unsettled markets with the introduction of broad tariffs. The latest trade news has helped lift investor confidence, especially as the S&P 500 closed at a record high for the second consecutive day, inching up 0.06%. Tuesday marked the 11th record close for the S&P 500 in 2025. The Dow also finished nearly 180 points higher, while the Nasdaq Composite slipped by 0.4% due to weakness in chip stocks.

Investors are now turning their attention to upcoming earnings reports from major tech companies Alphabet and Tesla, both set to release results after the market closes on Wednesday. These reports are highly anticipated, as the technology sector has played a key role in driving market gains in recent years.

Additionally, earnings from Chipotle Mexican Grill and Mattel are expected after the bell, adding to a busy week of corporate results. So far this earnings season, more than 86% of the 105 S&P 500 companies that have reported have exceeded Wall Street’s expectations, according to FactSet.

On the economic front, traders are also watching for the latest data on existing home sales, which is scheduled for release Wednesday morning.