Stock futures are higher Wednesday as investors welcome news that the U.S. reached a trade agreement with Japan and prepare for the release of quarterly results from major technology companies.

Dow futures rose as Trump announced a Japan trade deal after growth lagged the stock market. Tesla, Google and GE Vernova are due Wednesday.

The reduction in auto tariffs--a key demand for Japan during negotiations--forms part of a trade deal with the U.S. Including the 2.5% original duty, U.S. tariffs on Japanese cars and auto parts will be reduced to 15% from the 25% Trump announced earlier this year, Akazawa said.

US stocks closed mixed Tuesday, but the benchmark S&P 500 (^GSPC) was able to eke out a new record as Wall Street digested a new batch of earnings, including a tariff warning from General Motors (GM),

Dow Jones Index Futures anticipate a negative opening on Friday after Thursday’s positive session. Investors' concerns that the higher tariffs announced by US President Trump will boost inflation and weigh on growth are hurting market sentiment.

Dow Jones Industrial Average tumbles amid fears of trade war that could crimp profits and hurt U.S. consumers. ... Border town businesses brace for impact of Mexico tariffs 05:29.

Dow Jones Top Markets Headlines at 5 AM ET: Global Markets Lower as Trade Deal Optimism Loses Steam ... IEA Lifts Oil Demand View on Softer Tariff Impact, ...