US stocks climbed on Wednesday after the US struck a trade deal with Japan, lifting hopes for further tariff pacts as Wall Street prepared for Tesla (TSLA) and Alphabet (GOOGL, GOOG) earnings after the bell.

US stocks will shrug off tariff risks to get a boost from the second-quarter earnings season, the latest Markets Pulse survey showed.

Individual investors are flocking to social media to cheer on a new group of oddball stocks and squeeze the short sellers; ‘Let’s goo!!’ says Hot-Ticket9440.

Technical indicators point to more gains, while increased capital spending in the oil patch is seen as a positive for the companies.

JPMorgan said the speed at which some stocks have become overcrowded is the fastest in 30 years. It flagged retail favorites like Palantir and Coinbase.

Signs of stock-market complacency are emerging as the searing equities rally coincides with an acceleration in earnings downgrades, according to JPMorgan Chase & Co. quantitative strategists.

The S&P 500 reached another record high but US stocks ended trading day mixed as GM shares plunged in the wake of tariffs hit

The stock market has been making fresh records, but there are risks building, including AI disappointment and a potentially weaker job market, HSBC said.