US Futures Extend Records
2026-08-05 11:53
By
Andre Joaquim
1 min. read
US futures maintained their recent rallies amid an improving macroeconomic backdrop and strong earnings reports.
Contracts for the S&P 500 and the Dow gained 0.4% to new records, while the Nasdaq 100 was slightly higher.
Treasury yields held their pullback from the week as US officials continued to signal attempts to achieve a deal with Iran that restores trade through from the Middle East, limiting energy inflation.
Credit sensitive sectors, including banks and AI hyperscalers, broadly maintained their gains from the week.
Arista Networks soared as much as 15% after posting a better revenue thane expected.
Also, Eli Lilly added more than 5% after beating revenue consensus and raising its guidance for this year.
Meanwhile, SpaceX slumped 10%, erasing its surge from the last session as the forecast of surging AI spending offset its revenue beat.
A large portion of its IPO shares are soon to be released by primary buyers.
Also, AMD sank 8% despite doubling datacenter revenues.