Stock futures are little changed after Dow tops 53,000 for first time: Live updates

Jul 7, 2026
stock-futures-are-little-changed-after-dow-tops-53,000-for-first-time:-live-updates

Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Monday, July 6, 2026.

Michael Nagle | Bloomberg | Getty Images

Dow Jones Industrial Average futures were little changed on Monday night after a record-setting session for the blue-chip index.

Futures tied to the 30-stock index added 34 points, or less than 0.1%. S&P 500 futures traded near the flatline, while Nasdaq-100 futures were marginally lower.

Asia-Pacific markets opened lower Tuesday, with South Korea’s Kospi leading declines, down 1.71%. Japan’s Nikkei 225 was marginally lower, though the Topix added 0.27%. Australia’s benchmark S&P/ASX 200 fell 0.12%.

In the U.S., Rivian shares dropped about 9% after the electric vehicle maker began a common stock public offering of 75 million shares. SpaceX shed about 1% ahead of its Tuesday entrance into the Nasdaq-100.

Monday night’s action follows a winning session on Wall Street that propelled the Dow above the 53,000 mark for the first time. The 30-stock index also closed above that threshold. Technology stocks led the charge higher, with the Nasdaq Composite finishing up by more than 1% amid a rebound in semiconductor names. Chip plays Western Digital and Advanced Micro Devices rose 7% and 6.6%, respectively. The S&P 500 also closed higher, advancing 0.7%.

Dell jumped more than 4% in Monday’s session after President Donald Trump encouraged consumers to buy its computers during an event in the White House. But Microsoft shares pulled back after the software giant announced 4,800 job cuts.

“We’re getting new highs on various indices, and that makes sense,” said Richard Bernstein, Janus Henderson’s global head of macro and customized investing​, on CNBC’s “Closing Bell: Overtime.” “Not only is earnings growth strong, but it’s abundant as well. That is spreading to the markets.”

Investors will watch for economic data on the U.S. trade deficit due Tuesday morning. There are no major earnings releases scheduled.

South Korea’s Kospi leads declines as Asia-Pacific markets open lower

Asia-Pacific markets traded broadly lower early Tuesday, breaking ranks with Wall Street that saw the Dow hit a new high overnight.

South Korea’s Kospi dropped 1.71% at open, while the small-cap Kosdaq declined 0.72%.

Japan’s Nikkei 225 was marginally lower, though the Topix added 0.27%.

Australia’s benchmark S&P/ASX 200 fell 0.12%.

Futures for Hong Kong’s Hang Seng index last traded at 23,571, lower than the index’s close of 23,616.32.

— Justina Lee

Japan’s Nikkei 225 is set to rise at open after Wall Street rally

Asia-Pacific markets were set to open mixed Tuesday, after Wall Street rallied overnight with the Dow jumping 150 points for its first close above 53,000.

Japan’s Nikkei 225 was poised to gain, with the Chicago futures contract at 70,350 and its Osaka counterpart last trading at 70,300, compared with the index’s previous close of 69,737.69.

Hong Kong Hang Seng index futures were last at 23,571, lower than the index’s close of 23,616.32.

Futures for Australia’s S&P/ASX 200 last traded at 8,813, while the index closed at 8,831.

Tensions in the Middle East have eased, but friction between NATO members is now in focus as President Donald Trump piles on pressure over defense spending.

The U.S. ambassador to the alliance told CNBC on Monday that “the target is that Europe takes over the conventional defense of the European continent.”

“We’re not going away, we’re just doing less,” Ambassador Matthew Whitaker said about U.S. involvement in European security and defense, ahead of this week’s NATO summit in Ankara, Turkey.

—Justina Lee

SpaceX slips ahead of Nasdaq-100 inclusion

SpaceX shares slid around 1% in extended trading on Monday ahead of the stock’s entrance into the Nasdaq-100.

The rocket company will join the concentrated index on Tuesday. It’s expected to catalyze a spate of passive buying from mutual and exchange-traded funds that track the index.

CNBC Pro subscribers can click here to read more about what it means for investors.

— Alex Harring

Trump says Walmart will lower prices

An employee stocks ground beef into a display case at a Walmart Supercenter retail store in North Bergen, New Jersey, U.S., Nov. 21, 2025.

Mike Segar | Reuters

Walmart shares ticked lower after the bell on Monday after President Donald Trump claimed that the retailer would cut price tags.

“I have just been informed that one of the biggest, best, and smartest Retailers in America, Walmart, will be lowering prices, by a lot, at my Administration’s request to celebrate our great Country’s 250th birthday,” Trump wrote on Truth Social in an afternoon post.

Trump said that Walmart would specifically lower ground beef prices “by almost 15%.” Other products would also see price decreases, he said.

“Walmart is stepping up in a big and bold way, and other Retailers should follow the lead of these absolute Patriots,” Trump wrote.

Walmart shares slipped about 1% in Monday’s session, marking its seventh losing day of the last eight. Shares are slightly below flat on the year.

— Alex Harring

Vertex shares fall after news the company will buy Crinetics

Vertex to buy Crinetics in an all-cash deal valued at $10 billion

Shares of Vertex Pharmaceuticals dropped more than 2% following news that the company will be buying Crinetics.

Vertex said it has entered an agreement to acquire Crinetics for $85 per share in cash, valuing the deal at about $10 billion.

The acquisition is expected to close in the third quarter of 2026.

Shares of Crinetics nearly doubled in extended trading.

Darla Mercado

Stock futures are little changed

Futures tied to the Dow, S&P 500 and Nadaq-100 all traded near flat shortly after 6 p.m. ET.

— Alex Harring

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