U.S. stock markets are expected to open slightly higher on Tuesday, supported by hopes of interest rate cuts and strong earnings from major companies.

 Rate Cut Expectations Rise

• After weak U.S. job data, investors now see an 88% chance the Federal Reserve will cut interest rates in September, up from 63% last week.

• Traders expect two rate cuts by the end of 2025.

• This has helped boost stocks after last week’s drop.

 Earnings in the Spotlight

Companies releasing results today include:

• Advanced Micro Devices (AMD)

• Snap

• Rivian

📈 Palantir (PLTR) shares rose 7.1% after raising revenue forecasts.
📈 Pfizer (PFE) gained 2.4% after lifting its profit forecast.
📉 Hims & Hers dropped 10.2% due to disappointing revenue.

 Other Market Moves

• Caterpillar (CAT) slipped 0.2% after reporting a fall in profit caused by weak demand and higher costs from tariffs.

 Global Concerns

• Tensions rose after Trump fired the head of the Bureau of Labor Statistics, raising worries about economic data reliability.

• Trump may soon replace the Fed Chair, but experts say changes won’t be immediate.

• He also threatened new tariffs on India and may let a trade deal with China expire next week.

 Market Snapshot at 8:28 AM ET

• S&P 500 futures: +0.17%

• Nasdaq 100 futures: +0.28%

• Dow futures: +0.09%