Dow Jones, S&P 500, Nasdaq futures indicate positive open for US markets; Meta, Nvidia, other tech stocks in focus

The Dow Jones futures were trading 0.03% or 21 points higher at 53,204 points ahead of the US stock market opening bell on Monday, July 6, compared to the previous market close levels.

Investing.com data showed that the S&P 500 futures were trading 0.47% or 35.75 points higher at 7,563.75 points ahead of the stock market opening. The tech-heavy Nasdaq 100 futures were trading 1.05% or 310 points, higher at 29,860 points on Monday.

Investors are expected to focus on the US Federal Reserve’s minutes of the meeting release later this week, along with monitoring tech companies like Samsung releasing their Q2 business updates ahead of the earnings season.

Along with Samsung’s upcoming business update, the Korean major SK Hynix is also set to make its US stock market listing, which will further increase the volumes among the tech stocks in the American market.

Amid all the buzz for tech stocks, Elon Musk-led technology major and long-awaited SpaceX is set to make its Nasdaq 100 debut on Tuesday, a move which can likely fuel large volumes among tech stocks.

US market snapshot

After the trading session on July 2, the Dow Jones Industrial Average closed 1.14% or 594 points higher at 52,900.07 points, compared to 52,305.24 points at the previous Wall Street close, according to MarketWatch data.

The benchmark index has gained nearly 2% in the last five sessions, 2.6% in the last one month, and around 10% year-to-date (YTD) basis, as per the exchange data.

However, the S&P 500 ended flat, while the Nasdaq Composite ended on a lower note amid profit-booking cues amongst artificial intelligence (AI) and tech stocks with a focus on the jobs report for June 2026.

The S&P 500 index closed flat at 7,483.24 points last week, while the Nasdaq Composite index closed 0.80% or 207 points lower at 25,832.67 points, compared to 26,040 points at the previous market close.

The US stock markets remained closed on Friday, July 3, on account of the Independence Day holiday in America.

Labour data snapshot

US Bureau of Labour Statistics data showed that the non-farm payroll employment rose by 57,000 jobs in the 12-month period ended June 2026, compared to a 129,000 job addition in the previous month of May 2026.

The June jobs report's actual numbers fell below the market expectations of around 114,000 job additions, while the US Bureau data also showed that the unemployment rate contracted marginally down to 4.2%, from its 4.3% level in May 2026.

“Employment continued to trend up in professional and business services, social assistance, and healthcare. Leisure and hospitality lost jobs,” the agency informed the people of the country.

Stocks in focus

Stocks like Meta Platforms, Nvidia Corp., Micron, Apple, PepsiCo, Advanced Micro Devices (AMD), among other stocks, are set to be in focus of the US stock market investors this week.

Oil prices & US dollar today

Global benchmark Brent crude oil futures were trading 0.51% lower at $71.74 per barrel (bbl), compared to $72.12 per bbl at the previous commodity market close, according to Investing.com data.

Crude oil prices have declined 2% in the last five days, and more than 22% in the last one month, according to the exchange data. The lower oil prices are also set to be in focus of the stock market investors as negotiations continue between Iran and the United States.

The higher demand for the benchmark US dollar is also set to aid the US equity markets as the US dollar spot index (DXY) trades 0.22% higher at 101.09 on Monday, July 6, compared to 100.86 at the previous currency market close.