Futures steady as investors parse earnings; tech results eyed

July 23 - Wall Street futures were little changed on Tuesday amid a flurry of mixed corporate earnings, as investor focus turned to Big Tech results scheduled later in the day to gauge if the market's recent record-breaking rally has momentum to spare.

Alphabet , and Tesla , , two of the so-called Magnificent Seven companies, are set to report quarterly results after markets close. In a largely mixed premarket session for the group, their shares were up 0.3% and 1.2%, respectively,"The consensus seems to be for encouraging figures later, with surveys suggesting investors are expecting earnings results, , to drive the next leg in the equity rally," analysts at ING said in a note.

At 7:12 a.m. ET, Dow e-minis were up 34 points, or 0.08%, S&P 500 e-minis were up 4 points, or 0.07%, and Nasdaq 100 e-minis were down 4.75 points, or 0.02%. Among other single movers, NXP Semiconductors , slumped 7.9% after the company forecast third-quarter revenue below estimates, as it battles sluggish demand from automotive customers.

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