U.S. Stock Futures Hold Flat Ahead of Fed Decision and $90 Oil Retreat
Updated
Updated · CNBC · Jul 27
U.S. Stock Futures Hold Flat Ahead of Fed Decision and $90 Oil Retreat
3 articles · Updated · CNBC · Jul 27
Summary
Dow futures added 31 points while S&P 500 and Nasdaq 100 futures were nearly unchanged Monday night, leaving U.S. markets in a holding pattern before a heavy earnings week and Wednesday's Fed decision.
Amazon, Meta, Microsoft and Apple are due to report as investors test whether hyperscalers will keep lifting capital spending, a key support for the chip trade even as megacap shares have recently wobbled.
Monday's cash session was split: the Dow rose more than 260 points and the S&P 500 edged higher as Brent crude slipped below $90 after a pause in U.S.-Iran fighting, while the Nasdaq fell 0.2% on semiconductor weakness.
Fed funds futures still point to no move in July but price in a quarter-point September hike, with Tuesday's consumer confidence data, the 10-year Treasury yield near 4.65%, and oil prices likely to shape the near-term outlook.
Did Tenet’s huge earnings beat and raised guidance reveal a lasting healthcare winner, or is the 17% premarket surge getting ahead of fundamentals?
Can Tenet’s ambulatory growth and aggressive buybacks outweigh exchange revenue pressure, inflation risks, and rate uncertainty in the second half of 2026?