NextFin News - Monday, August 3, 2026 — U.S. equity futures are higher before the open, led by Dow futures, while European markets are broadly firmer and crude oil is sharply lower as traders respond to renewed U.S.-Iran negotiation headlines and an OPEC+ supply increase.
Pre-Market Performance
- Nasdaq 100 futures: 28,418.3, up 14.0 points, or +0.05%.
- S&P 500 futures: 7,557.3, up 38.0 points, or +0.51%.
- Dow Jones futures: 53,170, up 535 points, or +1.02%.
European equities are also positive: the FTSE 100 is 10,879.71, up 11.66 points (+0.11%); France's CAC 40 is 8,624.75, up 115.11 points (+1.35%); and Germany's DAX is 26,010.37, up 381.13 points (+1.49%).
Commodities and currencies: WTI crude is near $79.04, down $5.63 (-6.65%); Brent crude is near $83.03, down $4.90 (-5.57%); Gold futures are firmer at $4,114.40, up $7.40 (+0.18%); and the U.S. Dollar Index is lower at 99.612, down 0.177 (-0.18%).
Hot News
- U.S. futures rise as Iran negotiations return to focus: Futures advanced after President Donald Trump said negotiations with Iran were set to begin Monday and suggested a deal involving the Strait of Hormuz was “imminent,” easing some energy-supply premium in oil prices.
- Oil slides as geopolitics and OPEC+ shift supply expectations: Brent fell more than 5% and WTI dropped more than 6% as markets factored in renewed diplomacy around Iran and an approximate 188,000-barrel-per-day OPEC+ September quota increase, easing near-term inflation concerns tied to energy costs.
- Technology rebound remains selective: Megacap results from Amazon and Microsoft have steadied sentiment, but semiconductor and AI-linked shares remain mixed after a volatile July, leaving Nasdaq futures only slightly higher despite broader market gains.
- Global markets mixed as Europe outperforms: European equities are leading the region while Asian trading is more uneven amid pressure in AI-related shares and currency volatility following yen intervention headlines.
U.S. Stock Focus
- Palantir Technologies: Shares rose in the pre-market ahead of Q2 results due after the close; Wall Street looks for about $1.81 billion in revenue and adjusted EPS near $0.34, with attention on U.S. commercial revenue and AI-platform demand.
- Marriott International: Q2 results are due before the open (around 7:00 a.m. ET); estimates point to EPS near $3.06 and revenue around $7.18 billion, with RevPAR and international travel demand in focus.
- Tyson Foods: Fiscal Q3 results are scheduled today; consensus calls for EPS near $0.995 on revenue around $14.07 billion, with protein margins and input costs watched closely.
- Williams Companies: Second-quarter results are due after the close, with an EPS estimate near $0.50 and revenue around $2.84 billion; focus on natural-gas demand, pipeline volumes and project updates.
- ON Semiconductor: Expected to report after the close with estimates near $0.714 in EPS and $1.59 billion in revenue; investors will watch automotive chip demand and inventory normalization.
- Vertex Pharmaceuticals: Results expected after the close with consensus EPS around $4.73 and revenue near $3.23 billion; attention on CF franchise durability and pipeline progress.
- ONEOK: Midstream earnings due after the close, with estimates near $1.49 EPS and $8.96 billion in revenue; NGL volumes and integration benefits are key.
- Diamondback Energy: Expected to report after the close with estimates near $6.14 in EPS and $4.94 billion in revenue; the crude selloff heightens focus on production costs, capital returns and hedging.
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