π Premarket Report – July 24, 2025
Published: 05:06 PM IST
π° Premarket Updates
- π US Futures Rise: S&P 500 futures +0.16%, Nasdaq 100 futures +0.25%, Dow futures +0.12% as markets digest strong jobs data and trade deal optimism.
- π° Earnings Spotlight: Tesla (TSLA) drops 6% premarket after Q2 revenue falls 12%; Alphabet (GOOGL) gains 2% on strong Q2 revenue. IBM (-5%) and T-Mobile (+5%) also move.
- π Volatility Stable: VIX at 17.90, down 0.5%, signaling steady market sentiment.
- π¦ Fed Outlook: Markets price in 60% chance of a 25-basis-point rate cut in September; focus on upcoming Fed comments.
- π Trade Developments: US-Vietnam deal with 20% tariffs boosts sentiment; EU and Mexico talks continue ahead of August 1 deadline.
- π» Tech Mixed: Nvidia (+0.8% premarket) and Microsoft (+0.5%) edge up, but Tesla’s weak results weigh on tech sentiment.
π Global Market Insights
πΊπΈ US Markets (Close Jul 23)
- Dow Jones: 44,342.19 (-0.32%)
- S&P 500: 6,296.79 (-0.01%)
- Nasdaq: 20,895.66 (+0.05%)
- VIX: 17.90 (-0.5%)
Markets mixed as trade tariff concerns linger; tech holds steady.
π Asia & Europe (Jul 24)
- Nikkei 225: 39,950.75 (+0.38%)
- Hang Seng: 24,498.95 (flat)
- Shanghai Composite: +0.60%
- DAX: +0.50% (Futures)
Asian markets stable; European futures gain on trade deal hopes.
π’️ Commodities & Forex
- Brent Crude: $67.50 (+0.30%)
- WTI Crude: $65.90 (+0.30%)
- Gold: $3,355.00 (+0.20%)
- US Dollar Index: 104.15 (+0.05%)
Commodities firm; dollar holds steady.
πΊπΈ US Market Pulse
Key Indices (Premarket)
- S&P 500 Futures: +0.16%
- Nasdaq 100 Futures: +0.25%
- Dow Futures: +0.12%
- VIX: 17.90 (-0.5%)
Premarket gains driven by trade optimism and mixed earnings.
π Sector Movers
| Sector | Change |
|---|---|
| Technology | +0.3% |
| Financials | +0.2% |
| Health Care | +0.1% |
| Consumer Discretionary | -0.2% |
| Energy | +0.3% |
Tech and energy lead; consumer discretionary lags on Tesla’s drop.
Top Movers (Premarket)
| Gainers | Losers |
|---|---|
| T-Mobile (+5%) | Tesla (-6%) |
| Alphabet (+2%) | IBM (-5%) |
| Nvidia (+0.8%) | Texas Instruments (-10%) |
T-Mobile and Alphabet shine; Tesla and IBM weigh on markets.
π Options Analysis
S&P 500 Options Open Interest (OI)
Max Call OI at 6,400 strike (1.5M contracts) signals resistance; max Put OI at 6,200 (1.4M contracts) indicates support.
| Strike | Call OI (K) | Put OI (K) |
|---|---|---|
| 6,200 | 950 | 1400 |
| 6,300 | 1050 | 1150 |
| 6,400 | 1500 | 750 |
Chart: S&P 500 OI distribution below.
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