Major U.S. banks including Bank of America, Goldman Sachs, and Morgan Stanley reported second-quarter earnings that surpassed analyst expectations, signaling resilience in the American economy amid ongoing tariff uncertainties. These strong financial results contributed to a positive opening on Wall Street, with Bank of America and Goldman Sachs shares rising in premarket trading, while Morgan Stanley shares declined. Additionally, Johnson & Johnson posted higher results, boosting its stock, whereas ASML shares fell following its outlook. Market observers noted these earnings as an indicator of moderating inflation and robust bank balance sheets, supporting investor confidence at the start of the earnings season.