Dow, S&P 500, Nasdaq Futures Rise as Oil Tumbles, Investors Brace for Busy Week

July 27, 2026

Breaking News

Image source: AI-generated with OpenAI

U.S. stock futures surged on Monday morning as oil sank and markets entered the busiest week of the quarter, jam-packed with more Big Tech earnings and a Federal Reserve decision.

Futures on the Dow Jones Industrial Average and the S&P 500 both gained 0.8%.

Contracts for the Nasdaq-100 jumped roughly 1.6% after a choppy week that sent the indexes lower.

Market sentiment got a lift over the weekend as the U.S. and Iran paused fighting, raising hopes that peace negotiations could restart after two weeks of attacks.

Oil prices tumbled nearly 7% amid renewed optimism about a pathway to end the war, with Brent crude futures trading below $86 a barrel at last check. Yahoo Finance reports.

EdgeUp

🧠 Nvidia in Talks With OpenAI to Guarantee $250 Billion Financing for Data Center, WSJ Reports

Nvidia is in talks to provide roughly $250 billion in financing guarantees for OpenAI as part of a massive data center project, the Wall Street Journal reported on Sunday.

The backstop from Nvidia would help the ChatGPT maker lease a 10-gigawatt project that SoftBank's energy subsidiary is developing in southern Ohio, the newspaper said, citing people familiar with the matter.

For OpenAI, a deal would be the first step toward controlling its own infrastructure instead of renting it from Microsoft, Amazon and Oracle, while for Nvidia, it would guarantee demand for its chips for years to come. Yahoo Finance reports.

🏦 Fed Expected to Hold Rates Steady — But an Interest Rate Hike Isn't Off the Table

The Federal Reserve's decision on Wednesday to hold interest rates steady or hike them is one of the most unclear in years.

Renewed tensions in the Middle East have pushed oil prices higher again, feeding the hawks' worries that energy prices could translate into sticky, broad-based inflation and necessitate a rate hike.

At the same time, the latest inflation report showed prices cooled, giving the central bank some breathing room and bolstering the case to hold rates steady. Yahoo Finance reports.

🛒 AliExpress Hit With $629 Million EU Fine Over Sales of Illegal, Counterfeit Products

Alibaba's AliExpress has been fined a record €550 million ($629 million) by the European Union for failing to curb the sale of illegal, unsafe, and counterfeit products on its platform.

The penalty is the third issued by the European Commission under the EU's Digital Services Act, which requires very large online platforms to take stronger measures against illegal and harmful content. Yahoo Finance reports.

🌍 Why Trump’s New Tariff Blitz Is Very Different This Time Around

As the U.S. military conflict with Iran enters its sixth month, President Donald Trump has returned to a more familiar battleground: global trade.

Trump on Friday launched a fresh tariff blitz targeting 60 trading partners, including the European Union, China, the U.K. and Canada.

The latest wave of tariffs — which took effect at 12:01 a.m. ET Friday, replacing the stopgap 10% baseline tariff that expired July 24 — range from 10% to 12.5%. CNBC reports.

💾 Chipmaker CXMT’s 466% Market Debut Surge Makes It the Most Valuable China-Listed Company

Shares of chipmaker Changxin Technology Group soared nearly 466% Monday in their debut on Shanghai’s tech-heavy STAR Market, making CXMT the most valuable China-listed company.

The Hefei-based firm had raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share, making it Asia’s biggest so far this year.

CXMT shares closed at 49 yuan, giving the company a market cap of about 3.3 trillion yuan, overtaking Industrial and Commercial Bank of China’s 2.6 trillion yuan. CNBC reports.

🧠 Elon Musk's Pitch for AI Firms To Peer Review Each Other's Models Surfaces Just as OpenAI's Own Agent Went Rogue

Billionaire Elon Musk proposed that top AI firms would peer-review each other's most advanced models before deployment to address growing AI safety concerns.

"The most immediate thing that we could do is to have the leading AI companies … have some sort of call once every few weeks and just discuss any safety and security issues," Musk said in an interview with The Economist published Friday, but recorded before OpenAI disclosed troubling autonomous AI behavior. Yahoo Finance reports.

🌕 China’s Moonshot to Release Breakthrough AI Model for Download

Moonshot AI is poised to make its Kimi K3 model available for public download, expanding its reach and influence in the global open software community at a time of growing U.S. concern about Chinese encroachment into the top echelons of AI development.

The Beijing-based company is due on Monday to release the model's weights, which are used to steer artificial intelligence systems toward answers.

That will enable developers to download, tweak and host the technology freely in a move to broaden the user base of Moonshot's AI.

Founder Yang Zhilin has said he wants to win users by focusing on openness and greater availability than competing U.S. proprietary systems. Yahoo Finance 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) DFNS: T3 Defense Inc.
Total gain: +61.38%

2) FBRX: Forte Biosciences, Inc.
Total gain: +39.74%

3) TRAX: First Tracks Biotherapeutics, Inc.
Total gain: +32.88%

4) VEEE: Twin Vee Powercats Co.
Total gain: +21.82%

5) INDP: Indaptus Therapeutics, Inc.
Total gain: +18.77%

Yesterday’s Biggest Movers

The closing price of the top three market percent gainers trading near or above $3 on July 24.

(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) WLDS: Wearable Devices Ltd.
Total gain: +58.30%
The stock appeared to be moving on no notable news.

2) BIOT: Instinct Brothers Co., Ltd.
Total gain: +52.71%
The stock appeared to be moving on no notable news.

3) NIPG: NIP Group Inc.
Total gain: +47.20%
The company announced that on July 21, 2026, it has received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), stating that the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”). The matter is now closed. Globe Newswire reports.

Today’s Notable Earnings

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

KOF: Coca-Cola Femsa
Q2 2026
Before Market Open
Estimate: 1.680
Actual: N/A

AZN: AstraZeneca
Q2 2026
Before Market Open
Estimate: 1.520
Actual: 2.630

RNGR: Ranger Energy Services
Q2 2026
After Market Close
Estimate: 0.300
Actual: N/A

Today’s Economic Dates

Time (ET) / Report / Period

8:30 AM - Durable Goods - June

Parting Thoughts

“Without deviation from the norm, progress is not possible.”

– Frank Zappa

Sourced in: The Real Frank Zappa Book — GoodReads.

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