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Nasdaq 25,508 Β· GM beats earnings, raises full-year guidance ‌ ‌ ‌ ‌ ‌
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Stock Mornings
Your weekday pre-market read on US stocks.
Issue #21 Β· Tuesday, July 21, 2026
Volatility (VIX)  Cautious Β· 17.7  β–Ό from 18.6 yesterday
S&P 500 and Nasdaq edged lower in cautious trading as geopolitical tensions escalated and corporate earnings reports began rolling in.
 
 

●  The Numbers

S&P 5007,443.28  -0.19%
-0.96% this week
Nasdaq Composite25,508.07  -0.05%
-1.41% this week
Dow Jones51,839.26  -0.59%
-1.26% this week
Russell 20002,942.43  -0.67%
-0.36% this week

Before the bell: see how Asia, Europe & US futures traded overnight →

●  The Movers

Leaders

MSFT Microsoft+2.15%
AMZN Amazon+1.12%
NVDA Nvidia+0.23%

Laggards

SPCX SpaceX-3.34%
TSLA Tesla-2.96%
AAPL Apple-2.14%

The day's best and worst of the tracked indices and mega-caps Β· day-over-day change.

●  The Read

S&P 500 β€” description, not prediction

Between its 50-day (7,466.44) and 200-day (6,991.00) averages β€” a trend in transition. 30-day range 7,266.99–7,575.39; currently in the middle third of that range. RSI(14) 50 β€” momentum roughly neutral.

See where every market sits on the daily page β†’

●  The Brief

 GM beats earnings, raises full-year guidance

General Motors reported better-than-expected results and raised its outlook, citing strong consumer demand and pricing power despite economic uncertainty. (CNBC)

 US strikes Iran; Houthis threaten Middle East shipping

Military escalation in the Middle East continues as regional mediators propose a 10-day ceasefire, adding geopolitical risk to markets. (CNBC)

 US auto industry removes Chinese connected-car hardware

Federal policy pressure is pushing automakers to eliminate Chinese components from vehicle systems, reflecting broader supply-chain security concerns. (Yahoo Fin)

 China's gold buying signals potential market rebound

Analysts track China's gold purchases as a leading indicator; recent buying patterns suggest investors may see a price recovery ahead. (MarketWatch)

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Markets 101

Market order vs. limit order?

A market order buys or sells immediately at the best available price. A limit order only executes at a price you set or better β€” you control price but not whether it fills.

β€œMarkets are a description of today, not a forecast of tomorrow.”

Stock Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Stocks carry risk β€” you can lose money, and past performance does not predict future results. Some links may be affiliate links; we may earn a commission at no cost to you. Prices via Yahoo Finance, captured shortly before the opening bell.

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