Stocks look set to extend their gains today, ahead of a busy earnings day that will culminate in the release of SpaceX's first quarterly report. Our reporter has put together a list of what to look out for when that drops.

Before that, earnings from Merck, Pfizer, McDonald's, Caterpillar and more will surface this morning. Investors are watching key metrics, with analysts noting that early guidance could tilt market sentiment in either direction.

International oil prices tick up about 1%, hovering near $85 a barrel. Despite geopolitical chatter, the market remains largely unruffled by Iran’s recent statement that no talks are underway with the U.S., a claim that seemed to contradict President Trump’s earlier remarks.

Overall, traders are positioned on the sidelines, ready to capture any momentum swings. The day’s earnings cadence will likely dictate the short‑term direction of the market, with SpaceX’s report serving as the headline event.