US stock market today: Dow, Nasdaq futures rise up to 0.7% as big tech earnings counter oil worries

Dow and Nasdaq futures rose as much as 0.7% amid strong earnings reports from major technology companies, helping to offset investor concerns about rising oil prices and their potential impact on inflation and margins. The market reaction reflects a shift in risk appetite driven by corporate fundamentals, with big tech earnings providing reassurance on revenue resilience and profit margins despite higher interest rates. This earnings-driven rally has particularly supported Nasdaq-100 (NDX) futures, where tech stocks carry significant weight, while broader equity markets also benefit from improved sentiment. Traders are now focused on the next wave of quarterly earnings from large financial and consumer discretionary firms to assess whether the positive momentum can extend beyond the tech sector. Upcoming CPI data on Thursday will be a key catalyst, as inflation trends remain critical to the Federal Reserve’s rate path and equity valuation multiples.

The Nasdaq-100 (NDX) is the US large-cap tech benchmark. NDX is more sensitive to rate decisions than SPX because of longer-duration cash flows, and heavily concentrated in Tech/Comms names — mega-cap earnings season dominates price action.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.