Stock futures rose on Sunday as investors on Wall Street awaited the latest developments surrounding President Donald Trump’s tariff decisions. The futures for the S&P 500, Nasdaq-100, and Dow Jones Industrial Average all showed positive gains, hinting at a potential boost for the market.

President Trump recently exempted several technology products, including smartphones, computers, and semiconductors, from his new tariffs. However, he and his Commerce secretary hinted that these exemptions may not be permanent, causing uncertainty in the market. Trump emphasized that these products would still be subject to existing tariffs, adding to the complexity of the situation.

The stock market has been experiencing volatility in response to Trump’s tariff announcements, with the “Magnificent Seven” stocks seeing significant declines in recent days. Apple, one of the key players affected, lost a substantial amount in market capitalization following the news.

Despite a brief rally last week, major stock indexes like the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have all seen declines since the introduction of reciprocal tariffs. The market is now bracing for a critical week of earnings reports from big banks like Goldman Sachs, Bank of America, and Citigroup, as well as key players like Netflix and United Airlines.

Overall, the market remains cautious as uncertainties around tariffs and trade policies continue to influence investor sentiment. The coming days will be crucial in determining the market’s reaction to the latest developments and earnings reports, shaping the trajectory of stocks in the near future. Investors are advised to closely monitor the situation and adjust their strategies accordingly in this unpredictable market environment.