S&P 500 Futures Fall on Higher Yields and Inflation Jitters

Macro
โดย Simply Wall St·Read original
Summary · why it matters

US stock futures are pointing lower this morning, with E mini S&P 500 contracts down about 0.8%, as investors react to higher borrowing costs and fresh inflation worries. The US 10 year Treasury yield is sitting near 4.58%, a 4 week high, while one year US inflation expectations are at 3.7% and a drop in US oil inventories is feeding concern that fuel prices may climb. Among top movers, Alibaba Group Holding jumped 11.05% after a US judge ordered a reprieve from a Pentagon lobbying ban, Nebius Group surged 10.91% after Saturn Cloud expanded its AI platform deployment on Nebius NVIDIA infrastructure, and Arista Networks rose 8.76% with traders eyeing the newly announced Q2 earnings date on August 4. On the losing side, Synchrony Financial declined 9.61%, Moderna fell 7.48% despite recent analyst price target increases and upcoming Q2 earnings, and Bending Spoons declined 7.19%. Earnings from PepsiCo and Delta Air Lines are also in focus, with PepsiCo reporting Q2 results on Thursday and Delta Air Lines reporting Q2 on Friday.

Impact on stocks 7

Artificial Intelligence · 3 stocks
Nebius Group N.V.
NBIS
▲ PositiveTechnologyDemandrelevance

Saturn Cloud expanded AI platform deployment on Nebius NVIDIA infrastructure, driving surge.

Arista Networks
ANET
▲ PositiveCapitalrelevance

Traders eyeing newly announced Q2 earnings date on August 4.

Financials · 1 stocks
Synchrony Financial
SYF
▼ NegativeCapitalMonetaryrelevance

Synchrony Financial declined 9.61% amid broader market sell-off on higher yields and inflation jitters.

Biotech & Genomic Medicine · 1 stocks
Moderna Inc
MRNA
▼ Negativerelevance

Fell 7.48% despite recent analyst price target increases and upcoming Q2 earnings.

Industrials · 1 stocks
Consumer Staples · 1 stocks

Off-coverage companies 2

Saturn CloudPrivate▲ Positive
Technologyrelevance

Saturn Cloud expanded its AI platform deployment on Nebius NVIDIA infrastructure.

Bending SpoonsPrivate± Mixed
relevance