Stock Market Update

03-Aug-26 09:22 ET
Oil enthusiasm outweighing chipmaker weakness
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +24.00. Nasdaq futures vs fair value: -52.00.

The stock market remains on track for a mostly higher open this morning, supported by falling oil prices and Treasury yields alongside some lingering strength in "Magnificent Seven" names following a busy week of earnings for the group.

That strength will be put to the test at the open amid weakness in the semiconductor group, with a slate of key names set to report earnings this week.

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