Wall Street prepared for major earnings and economic data ahead of a blockbuster week that could shake markets.

Stock futures are pointing to a higher open on Tuesday, putting major indexes on track to hit new record highs, as investors digest a slew of quarterly results from major companies.

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

Asian shares mostly fall on Tuesday, with Japan and Hong Kong leading the downturn. Investors adopted a cautious stance as a looming U.S. tariff deadline approaches, and major central bank decisions from both the Bank of Japan and the Federal Reserve are anticipated this week.

U.S. stock futures rose Friday after the Nasdaq closed at a new record Thursday. European shares fell in line with Asia amid uncertainty regarding Fed interest rates.

In midday trading, the Toronto Stock Exchange's S&P/TSX Composite Index was 0.2% higher at 27466.68. The index, which has risen 11% so far this year, hit an intraday record of 27544.57.

Revenue at SoFi jumps 44%, UnitedHealth slides after restoring financial guidance, and Sarepta soars after being notified by the FDA the company may lift its voluntary pause on shipments of Elevidys for ambulatory patients with Duchenne muscular dystrophy.

Futures tied to Canada's main stock index rose on Tuesday, tracking gains in gold and energy prices, while investors assessed corporate earnings and awaited trade deals with the U.S. ahead of the August 1 tariff deadline.