It's not that the stock market hasn't moved. We've seen several new all-time highs, and the S&P 500 is up by 1.6% in July so far. While 1.6% might not seem like much, it works out to more than 20% annualized. If your portfolio made 1.6% every month, you'd be very happy.

U.S. stocks are edging higher ahead of a week full of profit updates from big U.S. companies, which Wall Street expects to keep growing despite pressure from President Donald Trump’s tariffs.

Futures tracking the Dow Jones Industrial Average were up 9 points, or less than 0.1%.