On July 21, 2026, stock futures fell as investors anticipated a busy earnings day with key reports from major tech and industrial companies. Dow Jones futures dipped by 24 points (less than 0.1%), while S&P 500 and Nasdaq 100 futures decreased by 0.3% and 0.7%, respectively. Companies like ServiceNow, Tesla, and AT&T are set to report earnings, and investors are keen on updates regarding AI investments, cloud demand, and technology budgets as the second quarter progresses.
The U.S. stock market had recently halted a three-day losing streak, buoyed by stronger-than-expected earnings from blue-chip companies, including 3M and General Motors. Chipmakers also contributed to this rise, with the VanEck Semiconductor ETF increasing by 4% amid renewed interest in AI stocks.
Additionally, oil prices rose following tensions in the Middle East, with U.S. Central Command conducting strikes against Iran. Brent crude futures reached $94.20, and West Texas Intermediate crude was at $87.56, with concerns about potential supply disruptions. Money markets indicated a 24.1% chance of a Fed rate hike this month, and a 69% chance of an increase by at least a quarter of a percentage point in September.
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