Stock Market Today: Dow Jones Futures Gain, Nasdaq 100 Declines as Oil Slips Ahead of Trump’s Meetings Wi

U.S. stock futures were mixed on Tuesday, as the Dow Jones index gained but the S&P 500 and Nasdaq 100 indices declined, following Monday’s mixed close.

Meanwhile, the 10-year Treasury bond yielded 4.61%, and the two-year bond was at 4.29%. The CME Group’s FedWatch tool shows markets pricing in a 68.5% likelihood that the Federal Reserve will leave interest rates unchanged at its July meeting.

Stocks In Focus

Universal Health Services

• Universal Health Services Inc. (NYSE:UHS) dropped 4.25% in premarket on Tuesday despite reporting better-than-expected financial results for the second quarter, but it lowered its FY26 adjusted EPS guidance.

• Benzinga’s Edge Stock Rankings indicate that UHS maintains a weak price trend in the long and medium terms but a strong trend in the short term, with a good quality score.

Cadence Design Systems

• Cadence Design Systems Inc. (NASDAQ:CDNS) was 2.70% higher after reporting better-than-expected second-quarter financial results and raising its FY26 guidance above estimates.

• Benzinga’s Edge Stock Rankings indicate that CDNS maintains a weak price trend in the short, long, and medium terms, with a strong growth score.

Johnson & Johnson

• Johnson & Johnson (NYSE:JNJ) rose 2.27% after it said that it would pay an estimated $5.5 billion to resolve lawsuits alleging its baby powder and ‌other talc products cause ovarian cancer.

• Benzinga’s Edge Stock Rankings indicate that JNJ maintains a strong price trend in the short, medium, and long terms, with a poor value score.

Coca-Cola

• Coca-Cola Co. (NYSE:KO) was up 0.27% as analysts expect it to post quarterly earnings of 93 cents per share on revenue of $13.16 billion, before the opening bell.

• Benzinga’s Edge Stock Rankings indicate that KO maintains a strong price trend in the long, short, and medium terms, with a good quality score.

Boeing

• Boeing Co. (NYSE:BA) gained 0.25% as analysts expect it to post a quarterly loss of 30 cents per share on revenue of $24.25 billion before the opening bell.

• Benzinga’s Edge Stock Rankings indicate that BA maintains a weak price trend in the long, medium, and short term, with a poor value score.

Cues From Last Session

Consumer staples, communication services and financial stocks recorded the biggest gains, while energy and utilities technology stocks bucked the trend to close lower as U.S. stocks settled mixed on Monday, with the Dow Jones index gaining more than 250 points amid dropping oil prices.

Insights From Analysts

LPL Financial expects the U.S. stock market to navigate a “broadly healthy fundamental landscape,” though investors should prepare for temporary bouts of volatility driven by global supply chain and geopolitical headwinds.

Following a strong market rebound in the second quarter of 2026, LPL maintains a tactical overweight recommendation on equities, expressing optimism around long-term economic drivers like artificial intelligence investments.

However, their Strategic and Tactical Asset Allocation Committee (STAAC) recommends a “defensive factor tilt” due to stretched market positioning and macro uncertainty surrounding the ongoing Middle East conflict.

LPL emphasizes that the sustainability of the equity rally—particularly in mega-cap technology—depends heavily on capital allocation efficiency. They note that while cloud computing hyperscalers are deploying unprecedented capital into AI, “the incremental investment profile increasingly looks infrastructure-like.”

Ultimately, LPL cautions that the market must focus on “how much capital is being deployed, how quickly is that capital monetized, and whether the incremental dollar of AI infrastructure earns platform-like returns or infrastructure-like returns.”

Upcoming Economic Data

Here’s what investors will be keeping an eye on this Tuesday.

• June’s advance economic indicators report, wholesale inventories, and retail inventories data will be released by 8:30 a.m. ET.

• May’s S&P CoreLogic Case-Shiller home price index data will be out by 9:00 a.m., and July’s Conference Board consumer confidence data will be released 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 3.06% to hover around $80.08 per barrel.

Gold Spot US Dollar fell 0.78% to hover around $4,045.07 per ounce. The U.S. Dollar Index spot was 0.03% lower at the 101.5030 level.

Meanwhile, Bitcoin (CRYPTO: BTC) was trading 2.62% lower at $63,431.49 per coin over the last 24 hours.

Asian markets closed mixed on Tuesday, as Australia’s ASX 200 and Hong Kong’s Hang Seng indices rose. India’s Nifty 50, South Korea’s Kospi, China’s CSI 300, and Japan’s Nikkei 225 indices fell. European markets were mostly higher in early trade.

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