US briefings — Wednesday, July 22, 2026

US Pre-Market: Nasdaq Futures Down 1.07% as Semiconductors Hand Back Tuesday's Rally

Nasdaq 100 futures trade 1.07% lower at 29,001.50 as the memory and storage names behind Tuesday's rally reverse: SNDK.US -4.42%, WDC.US -4.99%, MU.US -4.14%. SMCI.US gains 12.75% on more than $60 billion of new fourth-quarter orders. WTI at $87.08 (+3.25%) on an 11th consecutive night of US strikes on Iran keeps energy the firmest sector, and Alphabet and Tesla report after the close.