Stock futures are recovering, but oil above $100 and rising bond yields leave little room for an inflation surprise. For premium sellers, Oracle’s cloud growth offers company-level strength without removing the market’s rate risk.
Oil stays expensive as inflation data and Oracle earnings approach. For option sellers, the question is whether firmer futures compensate for a day packed with rate and company risk.
The Nasdaq rose 0.85% from August 21 to 28 as NVIDIA reported a $96.2B quarter and July PCE inflation held at 3.7%. The VIX fell to 14.43, but the 2-year Treasury yield climbed to 4.34%.
The S&P 500 gained 0.36% and the Nasdaq added 0.14% from August 7 to 14, while the Dow fell 0.56%. Energy jumped 7.67%, the VIX declined 4.36%, Treasury yields split, and CPI, PPI, retail sales and major earnings shaped the week.
CoreWeave more than doubles Q2 revenue as U.S. futures edge higher before July CPI. Its $104 billion backlog contrasts with heavy interest expense and a net loss.
Japanese stocks led a firmer Asian session while U.S. equity futures edged higher into a light Monday data calendar. AbCellera is due to release Phase 2 ABCL635 results before the U.S. open.
Stocks finished higher after June producer prices fell and Treasury yields eased, while the VIX slipped to 15.67. For premium sellers, calmer index volatility contrasted with a 6.61% post-earnings jump in BlackRock.
Asian stocks rallied after cooler U.S. inflation, but Brent near $85.80 and renewed Middle East tension kept Europe cautious. ASML's stronger quarter and Intel's High-NA milestone give the chip complex a concrete counterweight before the 8:30 a.m. ET producer-price release.
June inflation cooled sharply just as a renewed Strait of Hormuz shock lifted crude, leaving markets to weigh a friendlier rate signal against a fresh energy risk. This morning read maps the global handoff, the U.S. opening reaction and the next dated earnings for tracked names.
BLS schedules the June 2026 CPI and real earnings releases for July 14 at 8:30 a.m. ET, PPI for July 15 at 8:30 a.m. ET, and import/export price indexes for July 17 at 8:30 a.m. ET. The cluster gives premium sellers a dated calendar-risk map rather than a direction call.