Swingfolio Daily — US Markets
US briefings — Wednesday, July 8, 2026
Pre-market setup and closing-bell recap for Wednesday, July 8, 2026. Observations only — no trade advice.
Wednesday, July 8, 2026
US Pre-Market, July 8: Futures Fall as Trump Calls Iran Ceasefire Over, Brent Jumps 4.54%
US stock futures fell early Wednesday after President Trump said the deal to end the Iran conflict was over, sending Brent crude up 4.54% to US$77.53 and the VIX up 8.8% to 17.55. Energy and defense rose in pre-market while chipmakers extended Tuesday's selloff and South Korea's Kospi fell 5.35%. The June FOMC minutes at 2:00pm ET, the first under new Chair Kevin Warsh, headline the day.
Oil surge drags the Dow 1.09% lower as chips hold the Nasdaq green: US stocks split on July 8, 2026
The S&P 500 fell 0.28% to 7,482.7 on July 8, 2026 as a 6.86% jump in Brent crude lifted energy and pushed Treasury yields higher, while financials and materials dragged the Dow down 1.09%. Broadcom and Nvidia held the Nasdaq green at +0.20%. Alibaba rose 11.05% on a US DOJ deal; consumer-credit lenders led financials lower.