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Nasdaq 25,374 Β· Caterpillar profit surges on data center, construction demand ‌ ‌ ‌ ‌ ‌
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Stock Mornings
Your weekday pre-market read on US stocks.
Issue #31 Β· Tuesday, August 4, 2026
Volatility (VIX)  Cautious Β· 15.6  β–Ό from 16.0 yesterday
Worth noting  Amazon (AMZN) moved +15.32% on the day.
S&P 500 and Nasdaq both gained Monday as Amazon crossed $3 trillion, driven by earnings beats from tech and industrial firms.
 
 

●  The Numbers

S&P 5007,489.72  +0.70%
+1.05% this week
Nasdaq Composite25,373.85  +1.00%
+1.59% this week
Dow Jones52,485.03  +0.53%
+1.04% this week
Russell 20002,931.34  -0.50%
+0.05% this week

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

●  The Movers

Leaders

AMZN Amazon+15.32%
GOOGL Alphabet+6.73%
META Meta+3.28%

Laggards

AAPL Apple-7.35%
SPCX SpaceX-3.41%
^RUT Russell 2000-0.50%

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

Trading above both its 50-day (7,471.51) and 200-day (7,024.11) averages β€” the longer-term trend reads as up. 30-day range 7,316.15–7,575.39; currently in the upper third of that range. RSI(14) 48 β€” momentum roughly neutral.

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

●  The Brief

 Caterpillar profit surges on data center, construction demand

Industrial equipment maker Caterpillar beat earnings expectations, powered by strong orders for construction equipment tied to nationwide data center expansion projects. (CNBC)

 Palantir gains analyst upgrade after strong Q2 results

AI software company Palantir delivered better-than-expected earnings Monday evening, prompting Wall Street analysts to raise their outlook on the business. (CNBC)

 Pfizer beats estimates, raises revenue guidance despite Covid decline

Pfizer topped quarterly profit forecasts and raised annual guidance as non-Covid products offset a $1 billion reduction in expected Covid product revenue. (CNBC)

 McDonald's beats earnings, names new U.S. president

McDonald's reported second-quarter earnings above estimates and appointed new leadership for U.S. operations amid stock declines earlier this year. (CNBC)

Partner

The charts we read every morning

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Markets 101

What is a Treasury yield?

The interest rate the US government pays to borrow. The 10-year yield is a benchmark for everything from mortgages to stock valuations; when it rises, stocks often wobble.

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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