Wall Street prepared for major earnings and economic data ahead of a blockbuster week that could shake markets.

Stock futures are pointing to a higher open on Tuesday, putting major indexes on track to hit new record highs, as investors digest a slew of quarterly results from major companies.

Stocks got a boost after the European Union struck a trade deal with the United States over the weekend. The deal included billions of dollars worth of investments by the EU in the United States and a 15% tariff for most European goods entering the United States.

US stock futures rose on Monday following a US-EU tariff pact that eased fears of a trade war, ahead of a packed week featuring earnings from Big Tech heavyweights, a Federal Reserve meeting, inflation data,

U.S. stock futures rose late Sunday, as a busy week for markets kicked off with the U.S. and the European Union agreeing to the framework of a trade deal, avoiding the risk of an all-out transatlantic trade war.

Asian shares mostly fall on Tuesday, with Japan and Hong Kong leading the downturn. Investors adopted a cautious stance as a looming U.S. tariff deadline approaches, and major central bank decisions from both the Bank of Japan and the Federal Reserve are anticipated this week.

Revenue at SoFi jumps 44%, UnitedHealth restores financial guidance, and Sarepta soars after being notified by the FDA the company may lift its voluntary pause on shipments of Elevidys for ambulatory patients with Duchenne muscular dystrophy.

Futures tied to Canada's main stock index rose on Tuesday, tracking gains in gold and energy prices, while investors assessed corporate earnings and awaited trade deals with the U.S. ahead of the August 1 tariff deadline.