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  1. US markets today: Dow, S&P 500, Nasdaq futures indicate mix open; tech stocks in focus amid Asian market crash

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US markets today: Dow, S&P 500, Nasdaq futures indicate mix open; tech stocks in focus amid Asian market crash

SUMMARY

US futures indicate a mixed opening on Tuesday, July 28, as investors focus on lower crude oil prices, Q2 earnings, and massive selloff pressure from traders dealing in tech stocks from the Asian markets.

Dow Jones, S&P 500 and Nasdaq futures indicate a mixed open ahead of the opening bell on Tuesday, July 28.

Dow Jones, S&P 500 and Nasdaq futures indicate a mixed open ahead of the opening bell on Tuesday, July 28.

US markets today: Equity futures on Wall Street indicate a mixed opening on Tuesday, July 28, as investors continue to focus on lower crude oil prices, key company earnings, and massive selloff pressure among tech stocks from the Asian markets.
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During Tuesday’s trading session in Asia, indices like the KOSPI, Nikkei 225, among others crashed up to 10% due to fears looming over artificial intelligence (AI) in the market.

The Dow Jones futures were trading 0.62% higher at 52,705 points ahead of the opening bell on Monday, indicating an around 500-point higher opening on July 28, according to Investing.com data.

S&P 500 index futures were trading 0.04% lower at 7,445.50 points, indicating a near-flat or lower Wall Street opening on Monday’s market.

While the tech-heavy Nasdaq 100 futures were down 1.02% at 27,915 points, indicating an more than 100 point gap-down opening when compared to the previous equity market close, according to the exchange data.

With crude oil prices now trading around $84/barrel, investors will continue to monitor energy prices which are linked to the geopolitical developments in West Asia.

Key things to watch before US market opens

US markets recap

US equity market benchmark indices like Dow Jones and S&P 500 ended in the positive territory on July 27, while Nasdaq ended in the red as investors focused on falling crude oil prices, and weak sentiment in chipmaking and tech stocks on Monday’s market.

MarketWatch data showed that the Dow Jones Industrial Average ended 0.51% higher at 52,210.08 points after Monday’s trading session, compared to 51,947.25 points at the previous stock market close.

While the S&P 500 index closed 0.02% higher at 7,413.18 points after the trading session on July 27, compared to 7,411.98 points at the previous equity market close, as per the exchange data.

In contrast, the Nasdaq 100 index closed 0.32% lower at 28,039.21 points after Monday’s Wall Street session, compared to 28,128.34 points at the previous equity market close.

Stocks to watch on July 28

Visa Inc.: Visa shares were trading higher ahead of the company’s June quarter earnings report which is set to be release post-market hours on Tuesday, July 28, 2026.
Coca-Cola Co.: Coca-Cola shares surged more than 4% during the pre-market hours on NYSE ahead of the opening bell on Tuesday, as the company is set to release its Q2 earnings on July 28.
Boeing: US-based aircraft manufacturer Boeing Co. shares were trading nearly 1% higher on Monday’s market as the company shares in focus ahead of the April to June quarter earnings report release.
S&P Global: S&P Global shares were trading 2.3% lower during the pre-market NYSE session on July 28, ahead of the company’s second quarter earnings report release.
PayPal: Global payments platform, PayPal shares were trading 2% lower during the pre-market Nasdaq session on Tuesday’s market session ahead of the company’s earnings release, according to MarketWatch data.
Other key earnings stocks: Stocks like Seagate Technology, GSK Plc., Barclays, United Parcel Service (UPS), Royal Caribbean Cruises, Sherwin-Williams, Carrier Global, Hubbell, Invesco, and JetBlue Airways are among other companies set to announce their April-June quarter results on July 28.
Tech stocks: Stocks like SK Hynix ADR, Nvidia, Broadcom, AMD, Qualcomm, Taiwan Semiconductor (TSMC), Texas Instruments, ASML Holdings, Microsoft, Apple, Amazon, Meta and Oracle are among others set to be in focus amid the massive tech selloff in Asian markets.

Asian market crash

Stocks on the Asian markets witnessed massive pressure from investors amid fears over the deals in technology and chipmaking stocks amid the quarterly earnings season, which led to liquidation of positions, triggering the selloff cues.

Key stocks like SK Hynix lost nearly 15%, Samsung lost over 13%, Tokyo Electron lost over 9%, were among the other major losers in Asia.

MarketWatch data showed that Japan’s Nikkei 225 crashed nearly 4%, ending at 62,364.92 points, China’s Shanghai Composite dropped 1.1%, and South Korea’s KOSPI plummeted 10.8% to 6,023.66 points on Monday.

Others like Singapore’s FTSE ended 0.07% lower, and SENSEX ended 0.09% lower. In contrast, the Hong Kong-based Hang Seng closed 0.41% higher after the trading session on July 28.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.

About The Author

Anubhav Mukherjee
Anubhav Mukherjee is a business journalist with experience at leading financial news platforms. He writes on a wide range of topics, including equity markets, corporate developments, company earnings and commodities. He holds a Post-Graduate Diploma in Business & Financial Journalism by Bloomberg from the Asian College of Journalism.

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