Swingfolio Daily — US Markets
US briefings — Wednesday, July 1, 2026
Pre-market setup and closing-bell recap for Wednesday, July 1, 2026. Observations only — no trade advice.
Wednesday, July 1, 2026
US Pre-Market July 1 2026: Futures Slip to Start Q3 After Best Quarter Since 2020
US equity futures point lower into the July 1 open. Nasdaq futures are off 0.61% as the 10-year Treasury yield firms to 4.42% and the US Dollar Index adds 0.25%, one session after June 30 capped Q2 with a tech-led record close and the best quarter since 2020. Today brings ADP, JOLTS and ISM Manufacturing before a holiday-shortened week.
US stocks dip as AI hardware sells off on Meta cloud report: S&P 500 -0.22%, Nasdaq -0.66%
US stocks ended slightly lower on July 1, 2026, with a sharp rotation under the surface. A report that Meta will build a cloud business to sell its excess AI compute knocked down chip, memory and AI-cloud names, with Nebius off 17.0% and Micron and SanDisk down about 10.6%, while Meta rose 8.8% and software, internet and health-care shares gained. June ISM Manufacturing (53.3) and ADP jobs (98,000) both missed ahead of Thursday's payrolls report.