The Dow Jones index rose after surprise economic data. Tesla stock rallied on new plans to launch its robotaxi service.

The yield on the 10-year hit a 52-week high of 4.896% on January 13, a week before Trump's second inauguration, and traded as low as 3.860% on April 4 before spiking to 4.607% on May 21, then settling at 4.431% on July 18.

The S&P 500 and Nasdaq are also pointing up in premarket trading. Treasury yields are rising and Bitcoin is falling.

Meta, Amazon and Microsoft lead an earnings wave, along with a Fed meeting and Trump tariff deadline. Tesla "robotaxis" are about to hit San Francisco, with a caveat.

The moves come after Wall Street saw a winning session, with the S&P 500 posting fresh intraday and closing records.

U.S. stocks ticked higher Wednesday morning following news of a new trade deal between the U.S. and Japan and ahead of major earnings from Tesla and Alphabet. As of 7:30 a.m. EDT on July 23, 2025, U.S. stock futures were up modestly:

Nvidia hit a new all-time high intraday, but another renowned semiconductor name and some less iconic stocks were bigger movers Friday.

US stock market futures surged early Wednesday after President Donald Trump announced a landmark $550 billion trade agreement with Japan, easing global trade tensions and igniting optimism on Wall Street.

Stocks were taken on a wild ride Wednesday as a White House official indicated to CNBC that Trump was moving closer to firing Powell from his post as Fed Chair.

Trump’s tariffs and the trade war continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.