S&P 500 Futures Fall 0.06% on July 22, Investors Await Mega-Cap Tech Earnings

According to Yonhap Infomax, on July 22 morning in Asian trading, S&P 500 futures declined 0.06% to 7,541.50, while Nasdaq-100 futures fell 0.09% to 29,288.75, as investors adopted a cautious stance ahead of major tech earnings announcements.

Overnight in New York, major indices rallied on better-than-expected corporate results and semiconductor strength, with the VanEck Semiconductor ETF surging 4%. Oil prices climbed above $84 per barrel amid Middle East tensions, while the 10-year U.S. Treasury yield rose 0.7 basis points to 4.636%. Alphabet, Tesla, IBM, and ServiceNow are scheduled to report earnings after today's market close.