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Lufax is set to make the biggest splash on the NYSE by a Chinese company since e-commerce giant Alibaba's IPO in 2014. Photo: Reuters

Stocks Move Higher as Earnings, Stimulus Mergers Lift Dow Futures; Square Slides

With nearly two-thirds of the S&P 500 reporting June quarter earnings, collective profits are set to rise 89.8% from last year to a share-weighted $432.4 billion.

Square Lead

Square, Afterpay, Alibaba, Parker-Hannifin, Zoom: 5 Things You Must Know

Solid corporate earnings lift equities as Wall Street begins the first trading of August; Square will buy Afterpay for $29 billion; Parker-Hannifin to buy U.K.'s Meggitt for $8.8 billion.