Dow futures jump 547 points ahead of busy earnings week

MacroDigital Finance
โดย Proactive·Read original
Summary · why it matters

Dow Jones futures surged 547 points, or 1%, ahead of a busy week on Wall Street, while Nasdaq futures were flat as investors weighed whether Friday's tech rebound can continue. The S&P 500 is expected to gain 0.5% at the open. Last week, the Nasdaq rose 1% to 25,373, the S&P 500 added 0.7% to 7,489, and the Dow gained 0.5% to 52,485, recovering from a difficult July that saw the Philadelphia Semiconductor Index tumble 20.6% and the Nasdaq drop 3.2%. Attention is also on the yen, which strengthened another 0.5% to 156.60 per dollar after the first coordinated US-Japan currency intervention since 2011, with Tokyo reportedly spending almost $59 billion buying yen on Thursday. About 20% of S&P 500 companies report earnings this week, including AMD, Caterpillar, McDonald's, Eli Lilly, Disney, Uber, Airbnb, and Berkshire Hathaway. Ahead of the open, Bristol Myers Squibb shares rose over 4% on a Financial Times report that AstraZeneca is in talks to buy the US rival.

Impact on stocks 12

Biotech & Genomic Medicine · 3 stocks
AstraZeneca PLC
AZN
± MixedCapitalrelevance

AstraZeneca is reported to be in talks to acquire Bristol-Myers Squibb, but the impact on AstraZeneca is unclear.

Consumer Discretionary · 2 stocks
Energy Transition & Power Demand · 2 stocks
Communication Services · 2 stocks
Artificial Intelligence · 1 stocks
Digital Finance & Tokenization · 1 stocks
Robotics & Physical AI · 1 stocks