US markets today: Dow, S&P 500, Nasdaq futures indicate mix open as focus lies on banking earnings, inflation data

The exchange data showed that the Dow Futures were trading 0.60% lower at 52,449 points ahead of the US stock market opening bell on Tuesday, indicating an approx 200-point gap-down opening for the benchmark index on July 14.

While the S&P 500 futures were trading 0.21% lower at 7,536.50 points ahead of the opening bell, indicating a near-flat opening on Tuesday’s market session.

In contrast, the tech-heavy Nasdaq 100 index futures were trading 0.32% higher at 29,574.75 points ahead of the Wall Street open on Tuesday, indicating around a 300-point higher opening for the benchmark index on July 14.

On Tuesday, investors will keep a close watch on the US inflation data release during the market hours, while also monitoring the quarterly results release by the major banks in the United States as the companies are set to flag off the Q2 earnings season.

Investors were also likely buying back tech stocks at a lower price after Monday’s decline on the benchmark index, fuelling the stocks during the pre-market session.

Key things to watch before US market opens

US market recap

After Monday’s trading session, the Dow Jones Industrial Average closed 0.26% lower at 52,498.64 points, compared to 52,637.01 points at the previous Wall Street close, according to MarketWatch data.

The S&P 500 index ended 0.79% lower at 7,515.34 points after the stock market close on July 13, compared to 7,506.41 points at the previous market close, according to the exchange data.

While the tech-heavy Nasdaq 100 index closed 1.88% lower at 29,264.10 points after Monday’s trading round, compared to 29,825.11 points at the previous US stock market close, as per the data.

US stocks to watch on July 14

US-based stocks like JP Morgan, Bank of America, Goldman Sachs, Wells Fargo, and Citigroup are set to be in focus of investors as they will announce their second-quarter results for the calendar year 2026 during the trading session on Tuesday, July 14.

Other stocks like Fastenal, Ericsson, Aehr Test Systems, Kestra Medical Technologies, Phoenix Education Partners, Equity Bancshares, AngioDynamics, Loop Industries, and America’s Car-Mart will also remain in focus as they are the remaining companies which are set to announce financial results on Tuesday.

US inflation data in focus

The US Bureau of Labour Statistics is set to announce the CPI inflation data for the 12-month period ended June 2026 on Tuesday, July 14, 2026, according to the official website.

As per the official website, the agency is set to release the inflation data at 8:30 am (ET) in the United States.

Investors are also expected to keep monitoring the US Labour Bureau’s producer price index data release on Wednesday, July 15, along with the US import and export price index data release on Friday, July 17.

Labour Bureau data showed that the US CPI inflation has been on an upward trajectory since January 2026, rising to 4.2% in May 2026. The US Federal Reserve has an inflation target of 2%, as the central bank aims to implement its dual mandate of ensuring job growth while curbing inflation in the economy.

US Fed Chairman Kevin Warsh is also set to present the central bank’s Monetary Policy Report to the US House Financial Services Committee at around 10 am (ET).

Oil price shock

Crude oil prices surged more than 5% for the second consecutive trading session on Tuesday amid another round of attacks from the United States on Iran, with no signs of de-escalation.

The energy prices have risen more than 21% in the last two days as investors focused on the rising risk of another supply chain disruption due to the recent escalations.

At 6:26 pm (IST), the Brent crude oil futures were trading 4.3% higher at $86.91 per bbl on Tuesday’s market, compared to $83.3 per bbl at the previous market close, according to Investing.com data.

Latest reports from the conflict showed that the United States have continued its attacks against Iran, while US President Donald Trump informed Congress that “limited” military action against Iran has resumed.