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- Dow Futures Lead Gains as Nasdaq Dips Pre-Market

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- Dow Futures Lead Gains as Nasdaq Dips Pre-Market

US Pre-Market Briefing | July 28, 2026

Market Commentary

**Pre-Market Commentary – July 28, 2026** US equity futures are mixed in early trading as geopolitical tensions and corporate earnings drive cautious positioning. S&P 500 futures edge up 0.16%, while the Dow leads gains (+0.64%) on strength in industrials and consumer staples. Nasdaq 100 futures lag (-0.21%), weighed down by ongoing semiconductor weakness after China competition and circular funding fears deepened yesterday’s chip rout. Small caps show resilience, with Russell 2000 futures rising 0.20% as investors rotate out of frothy tech. Corporate earnings are providing pockets of optimism: Coca-Cola and UPS both topped estimates and raised full-year guidance, signaling resilient consumer demand. Centene also boosted its outlook on favorable medical cost trends, lifting health care sentiment. However, chip stocks remain under pressure, with ASML and SK Hynix among the midday movers following sector-wide downgrades. Geopolitical uncertainty lingers as former President Trump’s planned meeting with Zelenskyy adds complexity to overlapping Ukraine and Middle East conflicts, while his proposed global tariffs draw backlash from trade partners. Singapore’s surprise monetary tightening—sparked by rising oil prices—has reignited inflation concerns, though the Fed’s next move remains unclear as markets parse commentary from Kevin Warsh and other policymakers. No major US economic data is due today, leaving focus on earnings, including post-market reports from KKR and L3Harris. The CME’s rollout of single-stock futures for SpaceX and Micron—tradable nearly around the clock—could further fuel volatility in extended sessions. With the Nasdaq’s slump testing key support levels, traders await whether dip-buying emerges or the rotation into value accelerates.

US Index Futures

FuturePriceChange (%)
S&P 500 Futures7,447.75+0.16%
Nasdaq 100 Futures27,955.25-0.21%
Dow Jones Futures52,743.00+0.64%
Russell 2000 Futures2,961.00+0.20%

Economic Data Released Today

No significant data released yet.

Upcoming Economic Releases

No significant releases scheduled.

Earnings Today

Before Market Open (BMO)

TickerCompanyMarket Cap
KKOCoca-Cola Co$377.3B
BBABoeing Co$167.1B
UULUnilever plc ADR$142.7B
SSPGIS&P Global Inc$126.4B
GGSKGSK Plc ADR$106.8B
GGLWCorning Inc$102.4B
UUPSUnited Parcel Service Inc$97.1B
BBCSBarclays plc ADR$90.2B
SSHWSherwin-Williams Co$85.3B
IITWIllinois Tool Works Inc$80.6B
RRCLRoyal Caribbean Group$79.8B
AAMTAmerican Tower Corp$78.8B
EECLEcolab Inc$76.4B
HHLTHilton Worldwide Holdings Inc$73.8B
PPCARPaccar Inc$70.4B

After Market Close (AMC)

TickerCompanyMarket Cap
SSKHYSK Hynix Inc ADR$984.0B
VVVisa Inc$689.0B
KKLACKLA Corp$251.1B
SSTXSeagate Technology Holdings Plc$170.4B
WWMWaste Management Inc$96.7B
MMDLZMondelez International Inc$79.0B
NNXPINXP Semiconductors NV$65.6B
FFFord Motor Co$58.6B
BBEBloom Energy Corp$50.8B
TTERTeradyne Inc$49.8B
FFERFerrovial N. V$45.0B
AACGLArch Capital Group Ltd$36.4B
EEXRExtra Space Storage Inc$33.1B
CCNPCenterpoint Energy Inc$28.8B
FFEFirstenergy Corp$28.5B

FX Snapshot

PairPriceChange (%)
EUR/USD1.14-0.03%
GBP/USD1.33-0.06%
USD/JPY163.92+0.11%
USD/CHF0.82+0.04%
AUD/USD0.70-0.33%
USD/CAD1.41-0.09%

Gold, Oil and Gas

CommodityPriceChange (%)
Gold4,029.90-0.47%
Silver57.53-0.11%
WTI Crude81.04-0.66%
Brent Oil86.42-0.87%
Natural Gas2.73-0.98%

Crypto

CryptoPriceChange (%)
Bitcoin$63,385.49-0.50%
Ethereum$1,873.00-0.97%

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