US Session Premarket US Futures Up; Novo Nordisk Shares Plunge After CEO Change, Boeing Slashes Losses in Turnaround Year

# US Session Premarket: US Futures Up; Novo Nordisk Shares Plunge After CEO Change, Boeing Slashes Losses in Turnaround Year

**Note**: This analysis is generated during US premarket, markets closed but futures trading. Event times in US Eastern Time.

## Major News

**Market Reactions and Stock Movements**

As U.S. markets prepare for the opening bell, futures trading is indicating a positive start. S&P 500 futures are up 0.21% at 6,436.25, while Nasdaq futures are showing a 0.45% increase at 23,596.50. Dow futures are slightly higher, up 0.12% at 45,064.00.

In Europe, markets have opened on a strong note, with the DAX rising 1.10% to 24,234.16 and the EURO STOXX 50 climbing 1.04% to 5,393.03. The FTSE 100 is also in the green, up 0.50% at 9,127.26. Conversely, the Nikkei 225 closed down 0.79% at 40,674.55, reflecting a slight pullback in Asian markets.

**Geopolitical Factors and Tariffs**

Geopolitical factors continue to loom over the market, particularly as tariffs are starting to weigh on corporate earnings. Procter & Gamble has warned that its earnings will be impacted by tariffs, estimating a $1 billion hit due to these external pressures. This news comes as companies navigate a complex landscape of international trade policies and economic sanctions, which could further complicate the earnings outlook for various sectors.

**Corporate Earnings and Strategic Moves**

In the realm of corporate earnings, several significant reports have influenced market sentiment.

Danish pharmaceutical giant Novo Nordisk saw its shares plunge after it announced a new CEO and cut its full-year sales and profit guidance. This unexpected revision has raised concerns about the company’s growth trajectory and investor confidence.

On a more positive note, Boeing reported a substantial reduction in its quarterly losses, attributing the improvement to a surge in airplane deliveries—the highest since 2018. CEO David Calhoun described this year as a “turnaround year” for the company, which is crucial as it seeks to regain market share and stabilize its financials.

UnitedHealth, however, faced a setback as it provided disappointing 2025 earnings guidance, falling short of Wall Street estimates. The company cited high medical costs as a primary concern, which has raised alarms among investors about the sustainability of its profit margins.

In a significant strategic move, Union Pacific announced its intention to acquire smaller rival Norfolk in an $85 billion deal. This merger aims to create the first coast-to-coast freight rail operator in the U.S., a move that could reshape the logistics landscape and enhance operational efficiencies.

Additionally, Procter & Gamble, despite beating quarterly earnings expectations, has introduced a cautious outlook for 2026 due to the anticipated impact of tariffs on its profitability. This duality of strong performance yet cautious guidance reflects the complexities companies face amidst fluctuating economic conditions.

Starbucks is also in the spotlight as it prepares to report earnings, with a focus on its new ‘Green Apron Service’ strategy aimed at enhancing customer experience in cafes. Investors are eager to see how this initiative translates into financial performance.

Other notable mentions include Spotify, which saw its stock drop 7% following a revenue miss and lackluster guidance, raising questions about its growth strategy in a competitive market.

**Current Market Overview**

Overall, the market is navigating through a mix of optimism and caution as earnings reports continue to roll in. The positive futures indicate that investors may be looking past some of the negative news, particularly in light of strong performances from companies like Boeing and Procter & Gamble, despite their warnings about future challenges.

The backdrop of geopolitical tensions and tariff implications adds a layer of complexity to the market dynamics, as companies adjust their strategies to mitigate risks. As earnings season progresses, investors will be closely monitoring not just the numbers, but also the qualitative insights from corporate leaders regarding their outlooks and strategies moving forward.

In summary, while the market is showing positive signs in premarket trading, the interplay between corporate earnings, geopolitical factors, and strategic moves will be crucial in determining the direction of the markets in the coming days.

## Performances

### US Futures

US futures indicate opening sign for cash market.

### Major US Indices (Previous Close)

### FX Performance

### Commodities Performance

### BTC and ETH Performance

## High-Importance Economic Events

Today, July 29, 2025, and the upcoming week are poised for several high-importance economic events that could significantly impact financial markets.

At 10:00 AM ET, the Conference Board’s Consumer Confidence Index for July is expected to be 95.9. This indicator is crucial for gauging consumer sentiment, which directly influences spending and economic growth. A surprise deviation from this forecast could lead to volatility in equity markets and consumer-related stocks.

Also at 10:00 AM ET, the JOLTS Job Openings data for June is anticipated to show 7.510 million openings. This figure is critical for understanding labor market dynamics, with potential implications for wage growth and inflation.

Tomorrow, July 30, will be particularly eventful. The German GDP for Q2 is forecasted to decline by 0.1%, which, if confirmed, could signal economic contraction in Europe’s largest economy, affecting the euro and European equities. Concurrently, the ADP Nonfarm Employment Change for July is expected to show an increase of 77,000 jobs, which could bolster confidence in the U.S. labor market.

The highlight of the day will be the FOMC’s interest rate decision at 2:00 PM ET, with expectations set at 4.50%. Market participants will closely analyze the accompanying statement and press conference for signals on future monetary policy, particularly in light of the anticipated GDP growth of 2.4% for Q2.

Later in the week, the BoJ and BoC will also announce their interest rate decisions, while the German CPI is expected to rise by 0.2% month-over-month. Collectively, these events will shape market sentiment, influencing currency valuations and risk appetite. As markets are currently closed, futures trading will reflect these expectations as they develop.