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- Nasdaq Futures Up as S&P Flat Russell Slips - Tech-Led Gains Lift Nasdaq Futures S&P Steady - Nasdaq Outperforms Russell Lags in Mixed Futures

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- Nasdaq Futures Up as S&P Flat Russell Slips - Tech-Led Gains Lift Nasdaq Futures S&P Steady - Nasdaq Outperforms Russell Lags in Mixed Futures

US Pre-Market Briefing | July 21, 2026

Market Commentary

U.S. equity futures are mixed in early trading on July 21, 2026, with Nasdaq 100 futures leading gains at +0.18% as chipmakers rebound, while Russell 2000 futures lag at -0.06% amid lingering risk-off sentiment. The S&P 500 and Dow futures are nearly flat, up 0.01% and 0.06% respectively, as markets digest conflicting signals from geopolitical tensions and corporate earnings. Escalating Middle East risks weigh on sentiment after U.S. strikes on Iran and Houthi threats to Saudi shipping, though mediators’ push for a ceasefire is tempering losses. Jamie Dimon’s cautionary remarks that markets are underpricing risks and his avoidance of stocks and Treasuries at current levels are amplifying defensive positioning, particularly in small caps. However, GM’s earnings beat and raised guidance—citing resilient consumer demand and strong pricing—are providing pockets of support to cyclical sectors. Import price pressures, particularly from China hitting 2008 highs, contrast with June’s unexpected 0.3% wholesale price decline driven by plunging gasoline costs, leaving inflation signals muddled ahead of next week’s Fed meeting. No major economic data is scheduled today, keeping focus on earnings and geopolitics. Notable pre-market reporters include Capital One, which faces scrutiny over its Discover acquisition, while Coinbase’s prediction market signals suggest potential trading revenue shortfalls. The chip sector rebound, led by AMD’s midday momentum yesterday, continues to buoy tech futures despite Tether’s failed crypto deal and executive departure. With no catalysts on the calendar, traders are likely to remain cautious, balancing Dimon’s warnings against selective earnings strength as markets await clearer signals from next week’s Fed decision.

US Index Futures

FuturePriceChange (%)
S&P 500 Futures7,515.50+0.01%
Nasdaq 100 Futures29,129.50+0.18%
Dow Jones Futures52,236.00+0.06%
Russell 2000 Futures2,970.40-0.06%

Economic Data Released Today

No significant data released yet.

Upcoming Economic Releases

No significant releases scheduled.

Earnings Today

Before Market Open (BMO)

TickerCompanyMarket Cap
NNVSNovartis AG ADR$285.7B
SSCHWCharles Schwab Corp$178.9B
DDHRDanaher Corp$126.8B
MMMM3M Co$88.0B
MMRSHMarsh$87.7B
NNOCNorthrop Grumman Corp$73.0B
GGMGeneral Motors Company$69.6B
MMSCIMSCI Inc$41.1B
DDHID.R. Horton Inc$41.1B
HHALHalliburton Co$28.6B
KKEYKeycorp$25.3B
SSYFSynchrony Financial$24.6B
EEFXEquifax Inc$19.1B
GGPCGenuine Parts Co$17.1B
AALLYAlly Financial Inc$13.5B

After Market Close (AMC)

TickerCompanyMarket Cap
CCBChubb Limited$136.3B
CCOFCapital One Financial Corp$127.5B
AAMXAmerica Movil SAB de CV ADR$79.9B
IIBKRInteractive Brokers Group Inc$41.4B
EEQTEQT Corp$30.7B
EEWBCEast West Bancorp Inc$18.4B
NNLYAnnaly Capital Management Inc$16.7B
WWBSWebster Financial Corp$12.2B
WWALWestern Alliance Bancorp$8.9B
RRRCRange Resources Corp$8.5B
HHWCHancock Whitney Corp$6.4B
OOZKBank OZK$6.1B
AAIRAAR Corp$5.5B
PPEGAPegasystems Inc$5.2B
AALKAlaska Air Group Inc$5.1B

FX Snapshot

PairPriceChange (%)
EUR/USD1.14+0.06%
GBP/USD1.34-0.12%
USD/JPY162.73+0.15%
USD/CHF0.81+0.02%
AUD/USD0.70+0.31%
USD/CAD1.41-0.09%

Gold, Oil and Gas

CommodityPriceChange (%)
Gold4,062.20+0.26%
Silver59.15+1.77%
WTI Crude83.64+1.79%
Brent Oil90.44+2.13%
Natural Gas2.87+0.60%

Crypto

CryptoPriceChange (%)
Bitcoin$66,204.45+1.56%
Ethereum$1,928.73+1.35%

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