US stock futures edged higher Sunday evening as Wall Street geared up for a pivotal week featuring the Federal Reserve’s expected rate cut, a barrage of Big Tech earnings, and a long-awaited meeting between President Trump and Chinese President Xi Jinping.

The Dow Jones index drops Wednesday while Netflix dives on an earnings miss. Tesla earnings are due after the close.

The blue-chip Dow Jones Industrial Average was having a strong day compared with its peers. While the Nasdaq Composite was down about 0.2% and the S&P 500 was flat, the Dow was up 0.6%. Shares of Salesforce,

The Dow, S&P 500 and Nasdaq are all rising in premarket trading after the U.S. and China reached the framework of a trade agreement over the weekend. Treasury yields are up and Bitcoin prices are jumping.

The 10-year Treasury yield was up to 3.99%. And oil prices jumped, as West Texas Intermediate futures traded around $61.40 a barrel. President Donald Trump targeted Russia's petroleum industry with new sanctions on oil companies Rosneft and Lukoil in an attempt to end the war in Ukraine.

Equities fell on Wednesday as the first of the Magnificent Seven stocks — Tesla — prepares to deliver earnings results after the market's close.

Dow, S&P 500, and Nasdaq futures are rising in premarket trading as the stock market awaits the CPI inflation report.

Stocks rose to begin a busy week that will see a flurry of corporate earnings reports, with investors also awaiting further developments on the trade front and inflation data that will factor into the Federal Reserve's upcoming decision on interest rates.

Optimism over U.S.-China relations buoys investor mood; Cleveland-Cliffs stock jumps on earnings

US stocks surged to record highs on Friday as investors digested a crucial inflation report that helped cement expectations for the Federal Reserve’s next policy moves. The September inflation data released on Friday morning came in cooler than expected.