Traders work at the New York Stock Exchange on July 30, 2025.
NYSE
Stock futures were slightly higher on Monday night, following Wall Street’s rebound, as investors followed the latest batch of corporate earnings.
Dow Jones Industrial Average futures added 76 points, or about 0.2%. S&P 500 futures and Nasdaq 100 futures each also added 0.2%.
In extended trading, Palantir shares jumped about 4% as the defense technology company said revenue surpassed $1 billion for the first time. On the other hand, Hims & Hers Health fell more than 13% after second-quarter revenue missed Wall Street’s expectations.
Monday night’s moves come after a winning day on Wall Street that allowed stocks to recover losses from the prior session. The market tanked on Friday as the latest policy rollout on tariffs and a weak jobs report left investors questioning the health of the economy. All three of the major indexes ended the week in the red.
But the S&P 500 was able to jump about 1.5% on Monday, snapping a four-day losing streak. More than four out of every five members of the benchmark average advanced in the session.
The technology-heavy Nasdaq Composite surged nearly 2%, while the Dow climbed about 585 points to erase its Friday loss. The small-cap focused Russell 2000 jumped more than 2%.
“You have to respect the momentum that the market has had. We’re still in a very powerful uptrend,” said Cameron Dawson, investing chief at New Edge Wealth, on CNBC’s “Closing Bell.” But, “it wouldn’t be surprising to see some chop as we move through August.”
Investors on Tuesday will watch for more earnings reports. Pfizer, Yum! Brands and Fox are among the companies reporting before the bell, followed by Snap, Advanced Micro Devices and Rivian after the close.
They’ll also monitor economic data on the trade deficit and purchasing due Tuesday morning.
Morgan Stanley’s Jonas takes new role
Morgan Stanley analyst Adam Jonas will shift away from autos coverage and instead cover artificial intelligence, according to an internal memo obtained by CNBC.
“After nearly 30 years covering autos, I am pursuing an exciting opportunity within Morgan Stanley’s research department focusing on physical/embodied AI (AVs, eVTOLs, space, humanoid robots, etc) leveraging the ideas and relationships from my talented research colleagues across public and private companies,” Jonas said in the memo.
Jonas is known for his bullish view of Tesla. The internal move was first reported by Bloomberg News.
— Lisa Kailai Han, Michael Bloom
See the stocks moving in extended trading
These are some of the stocks making the biggest moves after hours:
- Palantir — The defense technology stock advanced 4% after second-quarter earnings exceeded Wall Street’s expectations. Palantir said it reported adjusted earnings of 16 cents per share on $1.00 billion in revenue, while analysts polled by LSEG anticipated 14 cents per share and $940 million, respectively.
- Vertex Pharmaceuticals — The biotech stock sank 14% after second-quarter earnings topped estimates. Vertex posted adjusted earnings of $4.52 per share on revenue of $2.96 billion, while analysts surveyed by LSEG had penciled in $4.26 per share and $2.91 billion.
- Hims & Hers Health – Shares tumbled 12% after the telehealth company issued disappointing guidance. Hims sees third-quarter adjusted earnings before interest, taxes, depreciation and amortization ranging from $60 million to $70 million, while StreetAccount consensus estimates called for $77 million.
Click here for the full list.
— Alex Harring
Stock futures edge higher
Futures tied to the Dow, S&P 500 and Nasdaq 100 all added around 0.2% shortly after 6 p.m. ET.
— Alex Harring
