Pre-market briefing Pre-Market Briefing for July 22, 2026
Today at a Glance
Previous-Day Summary
The previous day, New York equities rose across all three major indexes, powered by strength in semiconductor stocks. The S&P 500 climbed 0.89%, the Nasdaq gained 1.29%, and the Dow added 0.74%, with the technology sector jumping 2.89% to lead the indexes higher. Strong earnings from Micron sparked a broad rally in memory semiconductor names, while the Volatility Index (VIX, a measure of market fear) dropped 8.7%, easing anxiety among investors.
Current Market Mood
U.S. index futures are currently pointing lower across all three majors. Nasdaq 100 futures are off 0.7%, dragging technology names into a pullback, while S&P 500 and Dow futures are also modestly in the red. The risk-on appetite revived by yesterday's semiconductor rally has shifted to a wait-and-see stance ahead of Alphabet and Tesla earnings after today's close. Compounding the cautious tone, international oil prices are climbing and new Brazilian tariffs have taken effect.
Pre-Market News Digest
Today's Events
Macro Calendar
The final confirmation of how much the U.S. economy grew during the quarter. A meaningful revision from the prior estimate could shift the view on the economy's trajectory, with implications for bond yields and the dollar.
A Conference Board (CB) gauge of how consumers perceive the economy and the job market. A weaker consumer mood can weigh on consumer-related stocks.
Ex-Dividend
Stocks to Watch
ExxonMobil has broken above the upper Bollinger Band (a band that represents the typical range of price movement) and holds upward momentum with a Relative Strength Index (RSI, a 0-to-100 gauge of how overbought or oversold a stock is) at 66. With international crude prices staying firm, it could serve as a bellwether for energy-sector flows. IBM's Relative Strength Index has slid to 31, putting it in oversold territory, and with earnings due after today's close, the question is whether the stock can rebound following last week's pre-announcement. Oracle is also flashing an oversold signal with an RSI of 33, yet bounced 4.67% the previous day, making it worth watching whether dip-buying momentum continues.
Today's Action Guide
Stay measured today, and have a good 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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