U.S. stock futures edged higher on Tuesday as investors braced for a busy earnings season amid renewed trade tensions and growing economic uncertainty. The Dow, S&P 500, and Nasdaq futures all posted slight gains, reflecting cautious optimism after Monday’s rebound on Wall Street. This uptick follows last week’s volatility, which was triggered by weak jobs data and concerns over the health of the broader economy.

Palantir Technologies was among the standouts in after-hours trading, surging more than 4% after exceeding second-quarter earnings forecasts and raising its outlook due to strong demand for its AI products. In contrast, Hims & Hers Health tumbled about 13% after disappointing revenue results for the quarter.

Investors are now turning their attention to a fresh wave of earnings reports from major companies including AMD, Pfizer, Snap, Rivian, and Yum! Brands. The upcoming week will also see reports from industry heavyweights such as Caterpillar, Disney, McDonald’s, as well as prominent pharmaceutical firms like Amgen, Pfizer, and Eli Lilly. Their performance could provide further insight into consumer sentiment and business health as trade uncertainties, including the specter of new tariffs, loom over the market.

Meanwhile, economic indicators point to ongoing instability. Job gains have slowed dramatically, with recent data revealing an average of just 35,000 new positions added per month. This, alongside weakening trends in consumer spending, housing, and manufacturing, has prompted some economists to warn of a potential recession.

Despite these headwinds, the S&P 500 index has notched nearly a 2% gain over the past month and remains more than 20% higher year-over-year, reflecting the market’s ongoing resilience but increased sensitivity to policy changes and earnings surprises. As the week unfolds, all eyes will remain glued to both corporate results and developments in the trade arena for signals of the market’s next move.