Dow Jones| Nasdaq | S&P 500 | US Stock Market Today | Live: US stocks climb ahead of this week's megacap earnings

US stock futures edged higher ahead of a crucial week of megacap earnings from Alphabet, Tesla, Intel and IBM. The AI-led rally faces scrutiny after the Philadelphia Semiconductor Index entered bear territory with a decline of more than 20 percent from its recent peak. Rising Middle East tensions and Brent crude prices above 90 dollars per barrel are adding to inflation concerns and capping overall risk appetite.