S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
- Dow Jones futures advance following a tech-driven rally that lifted the underlying index to a new record high.
- Traders brace for key corporate earnings reports, including Airbnb and Warner Bros. Discovery.
- Market sentiment grows cautious following an Israeli airstrike in southern Lebanon that killed one person and injured 11.
Dow Jones futures rise 0.19% to trade around 54,600 during European hours on Thursday. Meanwhile, S&P 500 futures gain 0.09% to trade near 7,760, while Nasdaq 100 futures decline 0.35%, trading near 29,510.
US stock futures are posting mixed results following a varied performance across the major indexes in the previous session. Investors and market participants are now turning their attention toward upcoming earnings results from several high-profile companies, including Airbnb and Warner Bros. Discovery.
Market sentiment on Wednesday was heavily driven by sharp swings in the technology sector. SpaceX shares plunged nearly 14% following reports of a steep rise in capital expenditures, which reignited investor concerns over aggressive artificial intelligence-related spending. On the other hand, Nvidia surged 3.4% following Elon Musk’s comments during the earnings call confirming that the company would rely exclusively on Nvidia chips for its AI infrastructure.
These tech gains helped propel the Dow Jones Industrial Average to another record high. However, broader pressure across tech stocks ultimately weighed on sentiment, leaving both the S&P 500 and the Nasdaq Composite struggling to maintain momentum.
Market sentiment turned cautious following an Israeli airstrike in southern Lebanon. The attack, which killed one person and injured 11, marked one of Israel’s deadliest bombings since the June ceasefire began. Israel’s military issued a displacement order roughly 30 minutes before the strike, stating it was targeting and destroying Hezbollah infrastructure in response to the group’s violation of the ceasefire terms.
However, market participants weigh reports of a new maritime agreement between Iran and Oman. The two nations are finalizing a joint statement on a shipping route through the Strait of Hormuz, raising expectations for an increase in Middle Eastern energy flows. Although Tehran emphasized that the temporary two-to-four-month route does not mark a full reopening of the strategic waterway, the development has somewhat eased supply disruption fears.
Ai trade regains momentum as semiconductor rebound gathers pace
Analysts at Deutsche Bank highlight that the “rebound in semiconductors continues to gather pace,” pointing to a sharp recovery in AI-linked equities after the July correction. With the Philadelphia Semiconductor Index posting its strongest daily gain since March and its best four-day advance since 2020, Deutsche Bank argues that investors are re-engaging with the AI trade as improving corporate outlooks and capex-related news help rebuild confidence in the broader AI investment cycle.
