Pre-market briefing Pre-Market Briefing for July 13, 2026
Today at a Glance
Previous Day Recap
On Friday, the New York stock market closed higher across all three major indexes, with the S&P 500 gaining 0.42%, the Nasdaq up 0.29%, and the Dow up 0.29%. Materials, consumer staples, and communication services led the gains, while healthcare lagged. Meta jumped nearly 6% and Nvidia rose 4%, helping lift the broader market. The volatility index (the "fear gauge") fell to the 15 level, signaling a revival of risk appetite.
Current Market Mood
Over the weekend, an unexpected negative shock — reports of a military clash between the U.S. and Iran near the Strait of Hormuz — abruptly shifted sentiment into risk-off mode. Nasdaq futures are down more than 1.2%, and futures across all three major indexes are in the red, while international crude oil prices have surged more than 4$. Circulating trades through SK hynix have added to pressure, leaving semiconductor names particularly shaky. The biggest variables today are the trajectory of geopolitical news and oil prices, while the market's real test comes tomorrow with the June Consumer Price Index and major bank earnings.
Pre-Market News Roundup
Today's Events
Before the market opens (BMO), industrial parts distributor Fastenal kicks off earnings season.
After the close (AMC, pre-market for Korea), regional bank and airline earnings take center stage.
Dividend Watch
Names in Focus
Meta surged nearly 6% on Friday, punching through the upper Bollinger Band (an indicator showing the upper and lower bounds of price volatility), with its Relative Strength Index (RSI) climbing to 66 — the early stages of overbought conditions. The question is whether this strong upward momentum can continue even in a risk-off tape, or whether profit-taking will trigger a pullback. On the other side, Oracle's RSI has slipped to 31, putting it in oversold territory, making it a candidate to watch for a rebound on any tech bounce given its outsized recent decline. Charles Schwab, with an RSI of 74, sits in overbought territory heading into tomorrow's major bank earnings, and could serve as a barometer for the broader financial sector's direction.
Today's Action Guide
A volatile session is expected, but stay calm and disciplined today — wishing you a great day.
Back to ListDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
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