U.S. equity futures edged higher Tuesday as investors digested renewed U.S.-China trade negotiations, a packed corporate earnings calendar, and a key Federal Reserve decision that could shape the economic outlook for the rest of the year.

Major stock indexes edged higher Monday to kick off what will be an extraordinarily busy week of news for financial markets.

Stock futures edged higher on Tuesday (July 29) after the S&P 500 and Nasdaq Composite notched fresh record highs, even as Monday's broader market rally struggled to gain traction. Futures linked to the S&P 500 rose 0.

Dow Jones futures rise ahead of the US market opening on Monday, trading around 45,160, up by 0.18%, during European hours. Meanwhile, S&P 500 Futures are up by 0.31% to 6,445, and Nasdaq 100 Futures appreciate 0.50% to trade near 23,530.

U.S. stock futures rose on Monday after the U.S. inked a deal with the European Union that sets tariffs on most European imported goods at 15%. Dow Jones Industrial Average futures rose 168 points, or 0.

Nasdaq 100, S&P 500, Dow Jones Industrial Average, Dow Jones Futures. Read 's Market Analysis on Investing.com

Stocks were taken on a wild ride Wednesday as a White House official indicated to CNBC that Trump was moving closer to firing Powell from his post as Fed Chair.

Wall Street is waking up to a mixed market mood this Friday as U.S. stock futures edge higher, with the Dow Jones and S&P 500 inching closer to fresh record highs. The Nasdaq, however, is under pressure as tech heavyweights like Tesla tumble in premarket trading.

Circle Internet, Coinbase, CoreWeave, Nvidia and Tesla were key movers Monday ahead of the Fed's policy meeting.

The moves come after the S&P 500 and the Nasdaq Composite hit new all-time and closing highs during Monday’s trading session.