US stock market today prediction: S&P 500, Nasdaq, Dow Jones are set to open higher, all eyes on Tesla, aviation stocks. Check full list

Wall Street futures rebounded from last week's rout on Monday, as hopes for steeper Federal Reserve rate cuts surged after a surprisingly weak jobs report. At pre-market trading, U.S. S&P 500 E-minis were up 36.75 points, or 0.59 per cent, Nasdaq 100 E-minis were up 177.5 points, or 0.78 per cent, Dow E-minis were up 238 points, or 0.54 per cent.

In premarket trading, Tesla rose 1.8 per cent after granting CEO Elon Musk 96 million shares worth about $29 billion.

Investor sentiment soured further last week as new U.S. tariffs kicked in on dozens of trading partners and Trump signed executive orders slapping fresh import duties on countries like Canada, Brazil, India, and Taiwan despite their efforts to negotiate better terms.


After a big week for Big Tech earnings, companies from various sectors including Palantir, Eli Lilly, and Disney will report this week.

Of the 330 S&P 500 companies that have reported earnings as of Friday, 80.6 per cent have surpassed analyst expectations, the highest beat rate since the third quarter of 2023, according to data compiled by LSEG I/B/E/S.

Among early movers, Joby Aviation rose 5.3 per cent after Bloomberg News reported that the company was exploring the acquisition of helicopter ride-share operator Blade Air Mobility .

Blade Air's shares surged 16.4 per cent. Chemours rises after reaching an agreement with New Jersey to resolve all environmental claims.

A dismal U.S. jobs report sent the S&P 500 tumbling to its steepest intraday loss in more than two months on Friday, with downward revisions for May and June compounding the blow. The bleak data did not just trigger the market selloff - it also sparked a dramatic rethink of the Fed's rate path. According to the CME FedWatch tool, traders now see an 85 per cent chance of a September rate cut, up from just over 63 per cent a week ago, as signs of a faltering labor market mount. By this year end, markets are betting on at least two quarter-point cuts, about 60 basis points - a prospect that helped steady Wall Street in the aftermath.

The central bank's decision to keep rates unchanged last week drew immediate criticism from President Donald Trump, who has repeatedly threatened to fire Chair Jerome Powell, arguing that rates should be much lower than they are. Adding to the intrigue, the surprise resignation of Fed Governor Adriana Kugler has handed Trump an earlier-than-expected opportunity to reshape the central bank's leadership.

FAQs

Q1. What are top three indexes of US Stock Market?
A1. Top three indexes of the US Stock Market are Dow Jones, S&P 500, and Nasdaq.

Q2. How are Tesla stocks performing?
A2. In premarket trading, Tesla rose 1.8 per cent after granting CEO Elon Musk 96 million shares worth about $29 billion.