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- US Futures Gain as Tech Leads Nasdaq Higher - S&P 500 Nasdaq Futures Rise on Broad Rally - Futures Edge Up With Tech Outperformance Continues

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- US Futures Gain as Tech Leads Nasdaq Higher - S&P 500 Nasdaq Futures Rise on Broad Rally - Futures Edge Up With Tech Outperformance Continues

US Pre-Market Briefing | July 30, 2026

Market Commentary

U.S. equity futures are higher across the board in pre-market trading Thursday, with tech-heavy Nasdaq 100 futures leading gains at +0.65% as markets digest a seismic reshuffling in Big Tech valuations following overnight earnings. The AI trade is splitting the sector dramatically, with Microsoft surging 9% in extended trading on robust cloud and AI revenue, while Meta plunges nearly 9% after disappointing metaverse investments overshadowed its advertising growth. S&P 500 (+0.28%) and Dow (+0.23%) futures show more modest gains as geopolitical tensions counterbalance the tech moves, with Iran threatening retaliation after fresh U.S. strikes in the Middle East. The market remains hypersensitive to interest rate signals after yesterday's FOMC meeting revealed deepening divisions at the Fed, though no economic data releases are scheduled today to shift the narrative. Copper prices are climbing as traders weigh the Fed's uncertain path against tightening physical supplies, while Singapore's surprise monetary tightening underscores how rising oil prices are reigniting global inflation concerns. Trade tensions also simmer as China threatens countermeasures against U.S. restrictions on humanoid robotics and the Trump administration faces international pushback over new tariff justifications. Today's after-hours earnings slate commands attention with Apple and Amazon reporting, though early focus remains on the stark divergence between AI winners and losers reshaping tech leadership. The Russell 2000's 0.35% gain suggests some rotation into small caps as mega-cap tech volatility persists. With no major economic catalysts on the calendar, markets will hinge on geopolitical developments and the evolving AI investment thesis as earnings season reaches its peak.

US Index Futures

FuturePriceChange (%)
S&P 500 Futures7,393.50+0.28%
Nasdaq 100 Futures27,687.25+0.65%
Dow Jones Futures51,955.00+0.23%
Russell 2000 Futures2,928.50+0.35%

Economic Data Released Today

No significant data released yet.

Upcoming Economic Releases

No significant releases scheduled.

Earnings Today

Before Market Open (BMO)

TickerCompanyMarket Cap
MMAMastercard Incorporated$494.0B
SSHELShell Plc ADR$252.1B
BBBVABanco Bilbao Vizcaya Argentaria SA ADR$149.0B
BBUDAnheuser-Busch InBev SA/NV ADR$142.5B
BBTIBritish American Tobacco Plc ADR$133.9B
BBMYBristol-Myers Squibb Co$130.9B
MMOAltria Group Inc$121.0B
SSOSouthern Company$108.3B
SSNYSanofi ADR$105.3B
TTTTrane Technologies plc$103.7B
IINGING Groep NV ADR$96.8B
PPWRQuanta Services Inc$96.1B
KKKRKKR & Co Inc$90.9B
IICEIntercontinental Exchange Inc$88.0B
LLYGLloyds Banking Group plc ADR$87.8B

After Market Close (AMC)

TickerCompanyMarket Cap
AAAPLApple Inc$4.9T
AAMZNAmazon.com Inc$2.5T
SSYKStryker Corp$134.4B
SSONYSony Group Corp ADR$133.5B
MMFGMizuho Financial Group Inc ADR$116.5B
AAJGArthur J. Gallagher & Co$69.4B
MMPWRMonolithic Power System Inc$63.7B
VVALEVale SA ADR$62.4B
CCTVACorteva Inc$60.5B
TTAKTakeda Pharmaceutical Co ADR$55.2B
CCOINCoinbase Global Inc$42.9B
LLYVLive Nation Entertainment Inc$42.7B
RRBLXRoblox Corp$35.6B
RRDDTReddit Inc$34.5B
MMSTRStrategy Inc$33.4B

FX Snapshot

PairPriceChange (%)
EUR/USD1.15-0.05%
GBP/USD1.34+0.04%
USD/JPY162.93-0.27%
USD/CHF0.81-0.04%
AUD/USD0.70+0.23%
USD/CAD1.40+0.05%

Gold, Oil and Gas

CommodityPriceChange (%)
Gold4,136.80+0.51%
Silver58.25+0.83%
WTI Crude83.75+0.12%
Brent Oil90.27+0.52%
Natural Gas2.71-0.88%

Crypto

CryptoPriceChange (%)
Bitcoin$64,495.47+0.93%
Ethereum$1,917.39+0.46%

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