U.S. Stock Futures Rise Amid Trump Canadian Tariffs

U.S. stock futures rose on Monday, July 21, 2026, driven by a recovery in semiconductor shares following a recent sharp sell-off. Nasdaq 100 futures increased by 1.2% to 1.3%, while S&P 500 and Dow Jones futures posted more modest gains.

Donald Trump, President of the United States, introduced 50% tariffs on various imports from Canada, citing the treatment of American alcohol, dairy goods, and cars. This economic move coincides with high geopolitical volatility, including a proposed 10-day ceasefire in the U.S.-Iran conflict and a naval blockade of Saudi Arabia declared by Iran-aligned Houthis.

Investors are focusing on upcoming second-quarter earnings reports from Alphabet Inc. and Intel to determine the stability of the artificial intelligence trade. In corporate news, 3M Company shares rose after the company increased its full-year profit forecast, while Equifax Inc. shares declined after forecasting profits below market estimates.