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US stock index futures traded cautiously on Tuesday after the Dow Jones Industrial Average reached a record high in the previous session, while investors weighed another strong earnings update from Samsung Electronics (USOTC:SSNHZ) alongside fresh comments from Federal Reserve Governor Christopher Waller. Futures pause after Wall Street recordsBy 03:02 ET (07:02 GMT), futures linked to the Dow Jones Industrial Average were little changed.
By Amanda Cooper LONDON, July 7 (Reuters) - Global stocks fell on Tuesday as technology shares slid despite blockbuster results from Samsung Electronics, with investors remaining concerned about the
July 7 (Reuters) - Futures tied to the tech-heavy Nasdaq dropped on Tuesday on declines in chip stocks over concerns about the sustainability of the AI-driven rally despite strong results from Samsung
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Stocks looked set to open in the red on Tuesday as investors opted to ditch tech, even after South Korean memory-chip maker Samsung Electronics forecast a huge surge in profit. Nasdaq 100 futures dropped 0.8%. The blue-chip Dow notched a record close for a second straight session, while the tech-heavy Nasdaq added more than 1% as chip stocks roared back.
The president's latest comments on the Federal Open Market Committee (FOMC) threaten to undermine policymakers' credibility.
AI-driven momentum is keeping bulls in high spirits after the Dow’s record close, though investors are a bit cautious ahead of the Fed minutes and fresh corporate catalysts.
Asian shares have retreated, with South Korea's Kospi shedding nearly 8% despite a rebound for AI stocks that lifted stocks on Wall Street. Oil prices rose and U.S. futures were mixed. In Seoul, the Kospi lost 7.6% to 7,444.13 as shares in both Samsung Electronics and SK Hynix slumped 8.7%.
Earlier this week, investors focused on Home Depot as broader markets reacted to second-quarter earnings season, Federal Reserve minutes and sector-specific shifts, with defensive names like the retailer weighing on the Dow while growth stocks lifted the Nasdaq. Attention is increasingly turning to how Home Depot’s push into HVAC and professional contractor services may reshape the competitive balance with Lowe’s and influence long-term positioning in the home improvement market. We will now...
The stock lost about 20% in the first half.
Tech was back in the driver’s seat to start the week, as artificial intelligence plays looked to make up lost ground. The Dow Jones Industrial Average added 0.3% for its 21st record close in 2026, while the S&P 500 rose 0.7% and the Nasdaq Composite gained 1.1%. Relatively benign background conditions bolstered the rally.

<body><p>STORY: U.S. stocks ended higher on Monday, with the Dow adding nearly three-tenths of a percent, the S&P 500 rising more than seven-tenths of a percent and the Nasdaq climbing over 1.2%.</p><p>Chip stocks rallied as investors bought shares in AI-related companies that are expected to drive a strong second-quarter earnings season.</p><p>Liz Miller is founder and president of Summit Place Financial Advisors.</p><p>“One of the things we're seeing in the market, post the real first trading day after second quarter, is the strength of oil retreating and risk-on back in this market. We're seeing strength across the AI trade. We're seeing money going back into tech, including some software that's been questionable through second quarter. So June often is considered not a strong month and ended up being a very strong month. And cash just continues to follow that strength.”</p><p>Shares of Broadcom jumped more than 3.5% after the chipmaker said Apple agreed to extend a deal through 2031 to develop and supply a range of custom chips, cementing Broadcom's role as a critical supplier to the iPhone maker.</p><p>:: SK Hynix</p><p>Meanwhile, South Korean chipmaker SK Hynix on Monday launched a U.S. share sale to raise more than $28 billion in its effort to capitalize on massive investor demand for AI-related stocks. The company is set to debut on the Nasdaq later this week.</p><p>:: Microsoft</p><p>Elsewhere in the market, shares of Microsoft slipped after the tech heavyweight said it was cutting more than 2% of its workforce, or roughly 4,800 jobs.</p><p>And shares of SpaceX dipped 1% with over $26 billion worth of its shares exchanged, most of that in the final seconds of the session. Elon Musk's rocket and AI giant is set to join the tech-heavy Nasdaq 100 on Tuesday.</p></body>
US stock futures edged up on the heels of a record-setting day on Wall Street.
Hasbro (HAS) closed at $77.98 in the latest trading session, marking a -2.71% move from the prior day.
Itron (ITRI) reached $86.74 at the closing of the latest trading day, reflecting a +1.92% change compared to its last close.
In the closing of the recent trading day, Superior Group (SGC) stood at $12.83, denoting a -1.61% move from the preceding trading day.
The latest trading day saw Dick's Sporting Goods (DKS) settling at $229.02, representing a -3.03% change from its previous close.
In the most recent trading session, Sunoco LP (SUN) closed at $67.56, indicating a -1.05% shift from the previous trading day.
Williams-Sonoma (WSM) closed at $223.83 in the latest trading session, marking a -1.63% move from the prior day.
SharkNinja, Inc. (SN) closed at $148.92 in the latest trading session, marking a -1.68% move from the prior day.
In the closing of the recent trading day, Owens Corning (OC) stood at $146.79, denoting a -2.83% move from the preceding trading day.
The latest trading day saw QuickLogic (QUIK) settling at $16.26, representing a +1.5% change from its previous close.
In the latest trading session, Wix.com (WIX) closed at $50.21, marking a +1.74% move from the previous day.
Intuitive Surgical, Inc. (ISRG) concluded the recent trading session at $432.83, signifying a +1.6% move from its prior day's close.
Semiconductor and AI-linked stocks led the advance, while earnings, Treasury yields, and inflation data will test whether the rally can move beyond a narrow group of technology leaders.