U.S. stock futures advanced on Monday, as the Dow Jones, Nasdaq 100, and S&P 500 indices rose, following Friday’s lower close.
The U.S. military launched a ninth straight night of strikes against Iran to protect critical oil shipping routes, with CENTCOM stating, "The strikes will continue degrading Iranian military capabilities used to attack commercial vessels and civilian mariners transiting the Strait of Hormuz."
As the U.S. troop death toll reached 17, President Donald Trump signaled the operation will persist, noting, "Iran has been very, very badly damaged. They’ve lost everything almost militarily."
While limited economic data is scheduled to be released this week, investors are expecting earnings results from companies like Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), Tesla Inc. (NASDAQ:TSLA), General Motors Co. (NYSE:GM), and Advanced Micro Devices Inc. (NASDAQ:AMD).
Meanwhile, the 10-year Treasury bond yielded 4.55%, and the two-year bond was at 4.18%. The CME Group’s FedWatch tool’s projections show markets pricing an 87.7% likelihood of the Federal Reserve leaving the current interest rates unchanged during July’s meeting.
| Index | Performance (+/-) |
| Dow Jones | 0.17% |
| S&P 500 | 0.22% |
| Nasdaq 100 | 0.37% |
| Russell 2000 | 0.26% |
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Monday. The SPY was up 0.44% at $746.53, while the QQQ advanced by 0.497% to $702.04.
Read Also: Stock Market: Will S&P 500 Open Up or Down Today?
Stocks In Focus
Datavault AI
- Datavault AI Inc. (NASDAQ: DVLT ) was 0.19% lower in premarket on Monday after it announced $1 billion worth of Edge AI tokenization.
- Benzinga’s Edge Stock Rankings indicate that DVLT maintains a weak price trend in the short, long, and medium terms.
Synopsys
- Synopsys Inc. (NASDAQ: SNPS ) was 0.20% higher after plunging on Friday as Moonshot AI’s Kimi K3 autonomously designed a functional semiconductor chip in 48 hours using exclusively open-source tools— bypassing Cadence Design Systems Inc. (NASDAQ: CDNS ) and Synopsys entirely.
- Benzinga’s Edge Stock Rankings indicate that SNPS maintains a weak price trend in the short, long, and medium terms, with a good growth score.
RTX
- RTX Corp. (NYSE: RTX ) was 0.25% higher after NATO announced a $40 billion investment in counter-drone capabilities on Saturday.
- Benzinga’s Edge Stock Ranking s indicate that RTX maintains a strong price trend in the short term, but a strong trend in the long and medium terms, with a poor value ranking.
Eva Live
- Eva Live Inc. (NASDAQ: GOAI ) jumped 13.88% after it signed a Letter of Intent to acquire a controlling 51% interest in Airbeam Wireless Technologies.
- Benzinga’s Edge Stock Rankings indicate that GOAI maintains a weak price trend in the long, short, and medium terms.
Crown Holdings
- Crown Holdings Inc. (NYSE: CCK ) was up 1.09% as analysts expect it to report earnings of $2.16 per share on revenue of $3.36 billion after the closing bell.
- Benzinga’s Edge Stock Rankings indicate that CCK maintains a strong price trend in the short, long, and medium terms, with a good growth score.
Read Also: SOXX Enters Bear Market: Why Ed Yardeni Says Semiconductor Stocks Could Fall Another 12%
Cues From Last Session
Energy stocks bucked the overall market trend to end higher on Friday, but most S&P 500 sectors closed in the red, led down by consumer discretionary, communication services, and information technology.
| Index | Performance (+/-) | Value |
| Dow Jones | -0.77% | 52.146,42 |
| S&P 500 | -1.01% | 7.457,69 |
| Nasdaq Composite | -1.40% | 25.520,24 |
| Russell 2000 | -0.42% | 2.962,22 |
Insights From Analysts
Veteran strategist Ed Yardeni warns that a hidden tech wreck is underway beneath a calm market surface, cautioning that semiconductor equities face further downside. While the S&P 500 hovers near record highs, the iShares Semiconductor ETF (NASDAQ:SOXX) has plunged over 20% into bear market territory.
Yardeni observed that "The surface stayed calm while the engine broke," noting how international margin calls and new competitive pressures from Chinese AI labs have rattled momentum chip names.
Driven by these headwinds, Yardeni does not believe the sell-off has bottomed, explicitly warning that the "S&P 500 Semiconductors stock price index is likely to fall another 12% to its 200-day moving average."
Despite this tech turbulence, he sees underlying economic resilience in non-tech areas rather than a broader collapse. He advocates for a strategic sector rotation into Financials and Health Care—sectors Yardeni Research retains at overweight.
He emphasizes that these traditional industries are holding up well, buoyed by a “booming investment banking environment and strong performance across the biotechnology industry.”
By pivoting away from vulnerable chipmakers toward value-driven cyclical and healthcare plays, Yardeni anticipates the overall economy and market can weather the ongoing semiconductor reset.
Upcoming Economic Data
Here’s what investors will be keeping an eye on this week.
- On Monday, June’s leading economic index data will be out by 10:00 a.m., and the Federal Reserve Board of Governors will hold a closed meeting at 3:30 p.m. ET.
- No data is scheduled to be released on Tuesday.
- No data is scheduled to be released on Wednesday.
- On Thursday, initial jobless claims for the week ending July 18 will be released by 8:30 a.m., and July’s Kansas City Fed manufacturing survey data will be out by 11:00 a.m. ET.
- On Friday, July’s S&P flash U.S. manufacturing and services PMI will be released by 9:45 a.m., and June’s new home sales report will be out by 10:00 a.m. ET.
Commodities, Crypto, And Global Equity Markets
Crude Oil WTI futures were trading lower in the early New York session by 0.37% to hover around $81.48 per barrel.
Gold Spot US Dollar rose 0.05% to hover around $4,019.73 per ounce. The U.S. Dollar Index spot was 0.02% lower at the 100.7400 level.
Meanwhile, Bitcoin (CRYPTO: BTC) was trading 1.50% lower at $63,991.68 per coin over the last 24 hours.
Asian markets closed mixed on Monday, as Hong Kong’s Hang Seng and China’s CSI 300 indices rose. While India’s Nifty 50, Australia’s ASX 200, South Korea’s Kospi, and Japan’s Nikkei 225 indices fell. European markets were mostly higher in early trade.
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