Pre-market briefing July 24, 2026

Pre-Market Briefing for July 24, 2026

Today at a Glance

Briefs · earnings · signals, first Telegram · KakaoTalk channels

Previous Session Recap

U.S. stocks fell across the board yesterday as mega-cap tech names sold off sharply. The S&P 500 dropped 1.21% and the Nasdaq slid 2.15%, posting their largest one-day declines in roughly a month. Disappointing earnings from Alphabet and Tesla wiped out close to $800 billion in market capitalization from the seven mega-cap tech names in a single session. Meanwhile, money rotated into defensive areas, with industrials and healthcare both finishing higher.

Current Market Tone

Overnight futures are pointing higher, with the Dow up 0.52%, the S&P 500 up 0.26%, and the Nasdaq up 0.22%, as traders attempt to stabilize following yesterday's steep selloff. However, with only a modest rebound, it is still too early to say risk appetite has fully returned. With new Trump tariffs now in effect and Treasury yields and international oil prices still elevated, pre-market corporate earnings along with moves in oil and rates will be the key swing factors for today's session.

Pre-Market News Roundup

Today's Events

Ex-Dividend

Stocks to Watch

Alphabet, which fell more than 7% yesterday, now has an RSI (a momentum indicator that gauges how far a stock has moved over a short period) reading of 31, placing it in oversold territory, and the stock broke below the lower Bollinger Band. Tesla, down more than 14%, also shows an RSI of 29, indicating an excessive short-term decline. However, since both moves were driven by disappointing earnings, any technical bounce should be distinguished from a genuine trend reversal. On the other side, Exxon Mobil rode the strength in international crude prices, pushing through the upper Bollinger Band with an RSI of 72 in overbought territory, leaving the stock vulnerable to a pullback if oil prices retreat.

Today's Playbook

Stay patient and have a great trading day.