US Market Movers

Markets rebounded from last week's selloff as Iran diplomatic signals eased oil prices and revived tech buying.

• Futures lift: S&P +0.3%, Nasdaq-100...

Hawkish Fed commentary intensified as Cleveland's Beth Hammack and Dallas's Lorie Logan joined calls for higher rates to fight persistent inflation,...

S&P 500 forward EPS has surged to $373, up 32% YoY — a pace seen only after major crises since 1990.

• Unlike past booms preceded by 22-38% EPS...

• Chip stocks lead gains as memory names like Micron, Western Digital and Seagate jump 4-5%+ in pre-market
• Major indexes point higher: Nasdaq...

The AI trade is faltering, driving a clear rotation into non-tech areas that could lift broader indexes short-term.

• S&P 500 fell Thursday-Friday on...

Geopolitical optimism lifts Dow as ceasefire proposal emerges.

• Caterpillar and Boeing rally 1-2% while Salesforce and Microsoft slip 1-2%
• Nvidia...

Friday Closes & Sentiment Shift

• 🔥 Major Indexes Decline: S&P 500 fell 1.01% to 7,457.69, Nasdaq dropped 1.40% to 25,520.24, and Dow lost 407...

• SOXX plunged 20% into bear territory, with Yardeni warning of another 12% drop to the 200-day MA amid margin calls and China AI competition.
• S&P...

Apple (AAPL) closed at $333 after hitting an all-time intraday high of $334.68 on China's approval of Apple Intelligence powered by Alibaba's Qwen...

Two earnings reports could drive short-term moves in consumer and industrial names today.

• Domino's Pizza (DPZ): Wall Street sees $4.18 EPS on...

Occidental Petroleum reports Q2 earnings Aug. 5 after the close, with analysts forecasting $1.95 diluted EPS—a 400% jump from last year—while the...

Last week's selloff left clear scars:

• Dow tumbled 407 points Friday, S&P 500 fell 1.6% and Nasdaq 2.9% for the week; Fear & Greed index dropped to...

• S&P 500 dips just 0.6% this week yet stays within 1.1% of record highs, while Nasdaq-100 slides 2.7%.
• Semiconductor rout intensifies as SOX drops...

Chip stocks triggered broad market weakness Friday as sector-wide profit-taking and AI capex concerns hit hard.

• S&P 500 and Nasdaq closed down 1.0%...

Broad market rotation is accelerating out of AI/tech leaders into value and cyclicals, with financials and select non-tech areas showing clear...

Next week brings light US data but heavy index-moving catalysts.

• ECB decision Thursday expected to hold rates; focus on Lagarde's September...

SpaceX (SPCX) has plunged 45% from its post-IPO high of $225.64 to close at $123.99, prompting Gary Black to warn investors against breaking the...

• Manufacturing expands for sixth straight month with PMI at 53.3, though New Orders and Production slowed
• Softer PPI followed yesterday's cooler...

Crude oil futures surged as US-Iran tensions escalate with fresh American strikes and warnings of more targets ahead.

• WTI hit $82.2 and Brent...

Alphabet plunged after Nobel Prize-winning AI scientist John Jumper departed for Anthropic over the weekend, pulling the Nasdaq down 1.3% while the S&P 500 fell 0.4%. The Dow rose 0.3% as it avoided Alphabet and gained from Caterpillar.