Pre-market briefing Pre-Market Briefing — April 7, 2026
Today at a Glance
Market Sentiment
U.S. stock futures are trading broadly lower ahead of today's open. S&P 500 futures are off 0.42% and Nasdaq futures are down 0.54%. President Trump has issued an ultimatum to Iran demanding the opening of the Strait of Hormuz, with a deadline set for tonight at 8:00 PM ET, sending WTI crude up 3.4% to $116.2 per barrel and amplifying market anxiety. Asian markets are mixed: Australia's ASX 200 gained 1.4%, while the Nikkei slipped 0.17% and the Kospi fluctuated near the flatline.
Today's Events
Recap of the Previous Session
U.S. equities closed higher for a fourth straight session on April 6. The S&P 500 gained 0.44% to 6,611.83, the Nasdaq added 0.54% to 21,996.34, and the Dow rose 0.36% to 46,669.88. However, the Fear & Greed Index remains at 23, still in "Extreme Fear" territory, signaling that investor sentiment has yet to recover despite the rebound. Sector-wise, semiconductors ($SOXX +1.32%) and consumer discretionary ($XLY +0.82%) led, while healthcare ($XLV -0.36%) lagged. View yesterday's market recap
Stocks to Watch
Disclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
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