Swingfolio Daily — US Markets
US briefings — Friday, July 10, 2026
Pre-market setup and closing-bell recap for Friday, July 10, 2026. Observations only — no trade advice.
Friday, July 10, 2026
US Pre-Market 10 July 2026: Nasdaq Futures Slip as Memory Chips Reverse, Meta Extends AI Rally
Nasdaq 100 futures traded 0.29% lower at 29,849.50 by 8:42am ET as memory chip names reversed Thursday's 3.06% gain in the PHLX Semiconductor Index ahead of SK Hynix's Nasdaq debut. WDFC.US led pre-market gainers at plus 16.70% on a $2.24 quarterly earnings print, and VOD.US rose 12.31% after Xavier Niel's Vega agreed to buy e&'s 16.2% stake. Dow futures held plus 0.17%, leaving the open split between semiconductors and the rest of the market.
S&P 500 Edges Up 0.42% as Nvidia and Meta Offset a Biotech Selloff
The S&P 500 closed 10 July 2026 up 0.42% at 7,575.39, with ten of eleven sectors higher, led by materials and communication services. NVDA.US +4.03% and META.US +5.97% were the biggest index-weight gainers, and Meta capped its best week in years on AI cloud plans and a BofA note on lower AI infrastructure costs. VOD.US +12.54% jumped after Xavier Niel’s Vega bought e&’s 16.2% stake, and WDFC.US +10.65% beat on revenue. Health care was the offset: the biotech ETF fell over 3% as MRNA.US -10.83% and IONS.US -9.37% led losers. The Russell 2000 fell 0.49%.