S&P500 and Nasdaq 100: Palantir, Axon Raise US Shares as Indices Eye Resistance…
Dow futures edged decrease by zero.06%, holding above their 50-day common at 43,811.eight.
The contract is buying and selling slightly below 44,300 after falling from the 45,312 excessive.
Sector stress got here from Caterpillar, which dropped on a weaker-than-expected earnings print.
In the meantime, Yum Manufacturers and Eaton additionally disillusioned, weighing on sentiment. On the upside, DuPont (+5.6%) and Duke Vitality (+1.5%) provided modest assist.
What’s the Outlook as Merchants Look ahead to Fed Cues and Tech Earnings?
With greater than 81% of S&P 500 firms beating estimates to date, earnings season has saved broader stress contained. Nonetheless, the tariff rhetoric and Friday’s weak jobs report inject uncertainty into the Fed’s coverage outlook.
Key earnings from Snap, AMD, and Rivian after the bell may sway sentiment additional.
Merchants ought to watch assist at 6,200 (S&P), 22,600 (Nasdaq), and 43,800 (Dow), with resistance at current highs. A break above or under these ranges may outline path into mid-August.
Extra Data in our Financial Calendar.
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