Nasdaq leads S&P 500, Dow futures higher after long holiday weekend

July 6, 2026

Nasdaq leads S&P 500, Dow futures higher after long holiday weekend

Breaking News

Image source: Unsplash

Tech stocks led US stock futures higher on Monday in a relief of pressure on the sector, ahead of the release of data watched for clues to the economy and rate-hike odds.

Contracts on the tech-heavy Nasdaq 100 jumped 1.1%, while those on the S&P 500 put on 0.5%.

Dow Jones Industrial Average futures were little changed on the heels of a record-setting, though holiday-shortened, week for the blue-chip benchmark.

Tech stocks are driving gains, hinting at a return of faith in the AI trade after the late June slump in chip stocks, which saw Micron shares lose 19% last week.

Key Nvidia supplier Hon Hai, also known as Foxconn, on Sunday reported a stronger-than-expected rise in quarterly sales, a sign of sustained AI demand. Yahoo Finance reports.

EdgeUp

🏭 TeraWulf heads into July 6 after shares drop 26% as AI data-center trade falters

TeraWulf Inc. is under more pressure than the daily chart suggests. Shares finished down 10.18% at $21.18 on Thursday, the last regular session before the Independence Day break.

The stock has now lost 26.4% over seven consecutive losing sessions since closing at $28.78 on June 23. Nasdaq’s holiday calendar for 2026 lists July 3 as a closure for Independence Day observed.

The Nasdaq Composite dropped 0.8% Thursday, even as it rose 2.1% for the week.

The S&P 500 ended the session unchanged. The Dow finished at a record close, Reuters said. TechStock² reports.


⛏️ IREN trades lower after Russell 1000 entry draws new attention to CEO share awards

IREN Limited is set to reopen July 6 after a rough stretch that followed its addition to the Russell 1000.

The stock dropped every day in its first shortened week in the index.

Shares saw their steepest loss after a stock grant to the new co-CEO appeared in filings.

Nasdaq didn’t open Friday for the Independence Day holiday.

IREN’s last regular session close was Thursday at $38.82, down 10.39% on volume of 60.37 million shares.

That’s about 1.35 times its 65-day average, according to the market data. TechStock² reports.


🔒 Alarum Technologies Announces Temporary Pause of Certain Network Services. Stock sinks in pre-market

Alarum Technologies Ltd. today announced an update regarding the recent incident affecting certain aspects of NetNut Ltd.'s network.

Further to the company's announcements dated July 2 and July 3, 2026, the company continues to investigate the recent incident affecting certain aspects of NetNut Ltd.'s network.

As part of this ongoing investigation, and as a precautionary operational measure, the company has decided to temporarily pause traffic through the relevant network services for several days.

This step is intended to enable the company to investigate the incident, assess the affected infrastructure, determine whether any malicious activity occurred, and implement any measures the company determines are appropriate before resuming normal operations. Globe Newswire reports.


💾 After a nearly 800% explosion, this AI stock’s U.S. debut could signal if the market can still boom—or is headed for a bust

South Korean chipmaker SK Hynix isn't one of the Magnificent 7 stocks but is in a class of its own after pulling off a stunning rally on the back of the AI boom, and it's about to land on U.S. markets.

Shares will list on the Nasdaq and are expected to start trading on Friday, raising about $29 billion in what could be the biggest-ever first-time share sale by a foreign company. Yahoo Finance reports.


🛢️ Why Is Kosmos Energy Stock Gaining Monday?

Kosmos Energy Ltd. stock rose more than 5% in Monday’s premarket session after the company reported strong first-half operational progress, including higher production in Ghana, continued LNG exports from the Greater Tortue Ahmeyim project, and a significant reduction in debt.

The broader market also traded higher, with S&P 500 futures up about 0.5%. Benzinga reports.


💾 Why Is SanDisk Stock Gaining Monday?

SanDisk Corp. stock rose about 4% in Monday’s pre-market trading as improving risk appetite lifted technology stocks.

Nasdaq futures gained 1.06%, while S&P 500 futures advanced 0.46%.

The rebound followed a sharp decline in the previous trading session, when the stock closed down 14.13%.

The gain appeared to reflect improving market sentiment and renewed buying interest after the recent pullback. 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) LHSW: Lianhe Sowell International Group Ltd
Total gain: +208.33%

2) FXHO: UTime Limited
Total gain: +125.00%

3) SPHL: Springview Holdings Ltd
Total gain: +25.39%

4) JLHL: Julong Holding Limited
Total gain: +22.92%

5) SDOT: Sadot Group Inc.
Total gain: +22.55%

Thursday’s Biggest Movers

The closing price of the top three market percent gainers trading near or above $3 on July 2.

(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) SLAI: SOLAI Limited

Total gain: +600.00%
The stock appeared to be moving on no notable news.

2) CLRO: ClearOne, Inc.
Total gain: +101.24%
The company announced that it has entered into a definitive agreement and plan of merger among its wholly owned subsidiary Cortigent, ClearOne (CLRO) and a wholly owned subsidiary of ClearOne, pursuant to which Cortigent will become a wholly owned subsidiary of ClearOne upon consummation. In connection with the transaction, ClearOne has agreed to file a registration statement on Form S-1 to raise a minimum of $10M and a maximum of $15M concurrently with the closing of the transaction. TipRanks reports.

3) IQMX: IQM Quantum Computers Oyj
Total gain: +27.48%
The company announced a novel quantum error correction approach that significantly reduces the hardware requirements for fault-tolerant quantum computing. IQM’s quantum computers are operated by an open and modular software stack to empower a broad developer community and enable industrial use-cases. Businesswire reports.

Today’s Economic Dates

Time (ET) / Report / Period

9:45 AM - US Services PMI - June
10:00 AM - ISM Report On Business Services PMI - June
11:00 AM - Global Services PMI - June

Parting Thoughts

“Victorious warriors win first and then go to war, while defeated warriors go to war first and then seek to win.”

– Sun Tzu

Sourced in: The Art of War — GoodReads.

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