A screen displays The Walt Disney Company’s logo and trading information as traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 17, 2025.
Brendan McDermid | Reuters
Stock futures rose slightly on Friday, a day after the S&P 500 posted a record close, as traders awaited more earnings. The major U.S. stock benchmarks were also on track to post weekly gains.
S&P 500 futures added 0.1%, along with Nasdaq-100 futures. Futures linked to the Dow Jones Industrial Average added 66 points, or 0.2%.
American Express and 3M are among the companies set to report earnings on Friday. Netflix fell more than 1% in extended trading following its latest quarterly results. The company posted an earnings and revenue beat for the second quarter and raised its full-year revenue forecast.
The moves come after Wall Street saw a winning day. The S&P 500 finished 0.5% higher, closing at a new record after hitting an all-time high during the session. The Nasdaq Composite gained about 0.7%, also reaching fresh intraday and closing records. The Dow climbed 0.5%.
Wall Street is on pace for a positive week, bolstered by optimism surrounding the latest earnings results. On Thursday, PepsiCo and United Airlines shares both popped after the respective companies beat analyst estimates on earnings. Those follow solid results from big banks like JPMorgan and Goldman Sachs earlier in the week.
Data pointing to a strong U.S. economy also lifted the major stock benchmarks on Thursday.
“I think this market deserves the benefit of the doubt, and what got you here is still the growth sectors,” Keith Lerner, co-chief investment officer and chief market strategist at Truist, said on CNBC’s “Closing Bell.” “You put that together with also today the economic data showing the economy may be cooling, but it’s certainly not collapsing.”
“We would stick with the underlying trend, which still seems positive in our world,” he continued.
The S&P 500 is up 0.6% for the week through Thursday’s close and the 30-stock Dow on track for a 0.3% advance. The Nasdaq is the outperformer, heading for a 1.5% gain.
