Dow, S&P 500, Nasdaq Futures Rise After Tech Rout as New Trump Tariffs Take Effect

July 24, 2026

Breaking News

Image source: AI-generated with OpenAI

U.S. stocks eyed a tentative recovery before the bell on Friday as investors assessed a new set of global tariffs against a backdrop of AI jitters, rising oil prices, and elevated bond yields.

Dow Jones Industrial Average futures rose roughly 0.5%, while S&P 500 futures edged 0.2% higher.

Contracts for the tech-heavy Nasdaq-100 nudged up 0.1% as Wall Street stocks attempted to stabilize after a sharp sell-off on Thursday, led by megacap technology names.

The major indexes were on track for weekly losses after the "Magnificent Seven" stocks collectively shed nearly $800 billion in market value on Thursday amid a sell-off sparked by Alphabet's and Tesla's ballooning AI spending.

That tech sell-off spread to Asian markets, where South Korea's KOSPI and Japan's Nikkei indexes fell. Yahoo Finance reports.

EdgeUp

🏥 Tenet Reports Strong Second-Quarter 2026 Results; Raises 2026 Financial Outlook

Tenet Healthcare Corporation today announced its results for the quarter ended June 30, 2026.

"Strong same-store revenue growth and effective expense management drove our fundamental outperformance in the second quarter of 2026 compared to our original assumptions," said Saum Sutaria, M.D., Chairman and Chief Executive Officer.

"We are actively navigating current industry dynamics through excellent operational execution, investments in innovation, and a continued focus on higher acuity services to sustain growth, margins and significant free cash flow." Businesswire reports.

🛡️ Safety Insurance Group, Inc. Enters Into Merger Agreement With Mapfre for $1.54 Billion. Stock Rises in Pre-Market

Safety Insurance Group Inc. (“Safety”), one of the leading property and casualty insurers in Massachusetts and across New England, today announced that it has entered into a definitive agreement under which an affiliate of Mapfre S.A. ("Mapfre") will acquire Safety in an all-cash transaction valued at approximately $1.54 billion.

Under the terms of the agreement, Safety shareholders will receive $105 for each Safety common share in cash, which represents a premium of 44% to Safety’s stock price. Businesswire reports.

🛵 Fly-E Group Stock Rallies Over 12% After Hours

Fly-E Group, Inc. shares rose 12.86% to $1.88 in after-hours trading on Thursday after the electric vehicle company reported fiscal 2026 financial results.

Fly-E reported fiscal 2026 net revenue of $19.1 million, a 25% decline from $25.4 million in the previous year.

The decrease was mainly due to a 68.1% drop in retail sales following weaker consumer demand linked to lithium-ion battery safety concerns in New York.

Wholesale revenue increased significantly, rising 227.5% to $11.6 million, while rental services revenue grew 237.5% to $0.6 million.

Gross margin declined to 24.4% from 41.1%, and the company’s net loss widened to $9.3 million from $5.3 million. Benzinga reports.

🏍️ LiveWire Group Stock Surges Over 58% After Hours

LiveWire Group Inc. shares jumped 58.44% to $1.22 in after-hours trading on Thursday after the electric motorcycle maker posted second-quarter results, in which consolidated revenue increased by 55%.

The company announced results for the period ended Jun. 30, before the market opened on Thursday. Benzinga reports.

🧬 Why Codexis Stock Is Falling After Hours Today

Codexis Inc. shares fell sharply in Thursday’s after-hours trading after the biotechnology company priced an underwritten public offering of common stock.

Codexis shares closed Thursday’s regular session down 3.40% at $1.99 before falling another 20.60% in after-hours trading to $1.58. Benzinga reports.

Top 5 Movers in Early Pre-Market

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM ET). Stock Analysis reports.

1) SAFT: Safety Insurance Group, Inc.
Total gain: +38.95%

2) ADVB: Advanced Biomed Inc.
Total gain: +28.55%

3) JEM: 707 Cayman Holdings Limited
Total gain: +20.89%

4) PN: PN Smart Energy Limited
Total gain: +19.81%

5) THC: Tenet Healthcare Corporation
Total gain: +15.67%

Yesterday’s Biggest Movers

The closing price of the top three market percent gainers trading near or above $3 on July 23.

(All pricing and percent gains are based on regular market trading hours from 9:30 AM to 4:00 PM ET) Stock Analysis reports.

1) NVEC: NVE Corporation
Total gain: +54.83%
The company announced today financial results for the quarter ended June 30, 2026. Businesswire reports.

2) PAVS: Paranovus Entertainment Technology Ltd.
Total gain: +52.32%
The stock appeared to be moving on no notable news.

3) ADVB: Advanced Biomed Inc.
Total gain: +36.98%
The stock appeared to be moving on no notable news.

Today’s Notable Earnings

(Estimate and Actual numbers represent Earnings Per Share in US Dollars)

WF: Woori Financial Group
Q2 2026
Before Market Open
Estimate: N/A
Actual: 2.197

SHECY: Shin-Etsu Chemical
Q1 2027
Before Market Open
Estimate: N/A
Actual: 0.220

WRLD: World Acceptance
Q1 2027
Before Market Open
Estimate: 0.670
Actual: N/A

Today’s Economic Dates

Time (ET) / Report / Period

9:45 AM - US Flash Manufacturing PMI - July
9:45 AM - US Flash Services PMI - July
10:00 AM - New Home Sales - June

Parting Thoughts

“The essence of strategy is choosing what not to do.”

– Michael Porter

Sourced in: What Is Strategy? (Harvard Business Review, 1996).

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