U.S. stock futures moved in different directions on Thursday, with enthusiasm for a potential U.S.-EU trade agreement supporting hopes for new market highs, even as investors reacted to quarterly results from tech giants Alphabet (NASDAQ:GOOG) and Tesla (NASDAQ:TSLA).

Stocks closed solidly higher on Wednesday as investors welcomed news of a U.S.-Japan trade deal and prepared for the release of quarterly results from EV maker Tesla and Google parent Alphabet.

US stock market today saw mixed action as the Dow Jones dropped while the S&P 500 and Nasdaq inched higher, driven by strong Alphabet earnings and cautious outlook from Tesla. Alphabet jumped over 3% after boosting its AI investment,

Wall Street opened on a firm note Wednesday, led by the Dow Jones rallying over 270 points. President Donald Trump announced a “massive” bilateral trade deal with Japan, lifting market sentiment amid optimism around further trade negotiations with the EU.

U.S. stocks were trading higher Monday afternoon as investors remained optimistic about the ongoing earnings season. Only two out of 11 sectors in the S&P 500 were moving lower Monday. The S&P 500's energy sector was down 0.

US stock market continued its winning streak as the S&P 500 and Nasdaq Composite reached new record highs, driven by strong corporate earnings, booming tech stocks, and growing hopes of a Federal Reserve rate cut.

US stocks split today as Alphabet fuels tech optimism and Tesla sinks on weak earnings. Dow lags behind on IBM slump and economic uncertainty.