🌅 Today's Morning Call
|
S&P Futures
7,535.75
▲ +30.50 (+0.41%)
|
Nasdaq Futures
29,073.75
▲ +179.25 (+0.62%)
|
Dow Futures
52,579.00
▲ +237.00 (+0.45%)
|
|
10Y Treasury
4.54%
▼ -0.03%
|
US Dollar
100.81
▲ +0.09 (+0.09%)
|
Bitcoin
$64,791
▲ +$109 (+0.17%)
|
Data as of 8:09 AM ET
Good morning! Monday, July 20, 2026, and futures are already doing the heavy lifting before the opening bell. All three major indexes are pointing higher, with the Nasdaq leading the charge up 0.62% as tech sentiment gets a modest lift. There is plenty to sort through this morning, from a blockbuster AMC earnings beat to a multi-billion dollar industrial real estate deal. Here is your morning rundown.
👀 What to Watch Today
The earnings calendar stays active this week, and today traders will be parsing the Domino's Pizza (DPZ) report closely. The pizza giant posted a profit of $135.8 million, or $4.07 per share, topping the prior year's $3.81 per share. The catch: same-store sales growth is slowing, which tends to make the market nervous even when the bottom line holds up.Keep an eye on PayPal (PYPL) throughout the session as merger speculation continues to swirl. Once a Wall Street darling, PYPL has struggled as Apple Pay tightened its grip on U.S. digital payments. Reports suggest PayPal is now a reluctant acquisition target, and any fresh headlines on that front could move the stock sharply.
On the macro side, Treasury yields are worth watching closely. The 10-year is sitting at 4.54% and Middle East tensions are adding a layer of uncertainty to the bond market. Oil supply disruptions from a Ukrainian drone strike on a Caspian Pipeline tanker could keep energy prices elevated and pressure the broader rate picture.
Your Phone Is Smarter Than Your Inbox
Not every market move can wait. Our text alerts deliver the ones that can't. One short alert, straight to your phone, when something is worth seeing now. No fluff. No noise. No charge.
Text Me the Alerts🌏 Overnight Recap
Overnight, China's so-called National Team made a significant move, purchasing nearly $9 billion in domestic shares to prop up a market rattled by a deepening global chip and tech selloff. The intervention signals how nervous Beijing is about sentiment right now, and it is worth noting because what happens in Chinese markets tends to ripple through global tech supply chains quickly.In Europe, Ryanair (RYAAY) CEO Michael O'Leary told media that early findings from the investigation into a frightening window incident aboard a Boeing 737 point to foreign object damage. That keeps pressure on Boeing (BA) from a reputational standpoint, even as BA got a fresh vote of confidence from Riyadh Air, which ordered 34 widebody jets from Boeing and Airbus (EADSY) overnight in a major expansion push.
Meanwhile, the Caspian Pipeline Consortium suspended oil loadings again after a Ukrainian drone attack on a tanker. That briefly disrupted a restart and sent a ripple through energy-linked ETFs including BNO, DBO, and GUSH. Oil supply uncertainty is back on the table heading into Monday's session.
Sponsored Content
Elon Musk Calling on Military 'Dark Energy' to Power AI
When it was put inside U.S. tanks, they moved almost silently and produced no smoke. Now, Elon Musk is using this strange technology to jump ahead in the AI race - and possibly change the course of history. Click here to see how this could ignite a $10 trillion boom for the stocks involved.
📊 Pre-Market Movers
AMC is the standout pre-market story this Monday morning. Shares are jumping after the theater chain reported second-quarter earnings that beat expectations, fueled by massive global attendance for The Odyssey. It is a genuine signal that the theatrical movie experience is pulling audiences back in numbers that many analysts had written off.On the industrial real estate side, LXP Industrial Trust is drawing attention after Brookfield Asset Management and CPP Investments announced a $5.2 billion all-cash buyout. The deal adds a portfolio of modern warehouse and logistics assets to Brookfield's growing industrial footprint. Peers in the industrial REIT space could see sympathy moves as the market digests the premium paid.
Domino's (DPZ) is also active in pre-market trade after its earnings print. Profits rose year over year, but slowing same-store sales growth is the sticking point. Investors will be watching whether the stock opens with a relief rally or a sell-the-news reaction.
🔍 Today's Watchlist
- AMC Networks: Earnings blowout plus a blockbuster attendance surge for The Odyssey. Watch for gap-up follow-through at the open.
- DPZ: Domino's beat on earnings but same-store sales growth is cooling. Pre-market reaction will set the tone for the consumer discretionary space.
- PYPL: Merger target speculation is heating up. Any news or analyst commentary today could trigger outsized intraday moves.
- BNO, DBO, GUSH: Caspian Pipeline oil loading halt adds supply-side pressure. Energy ETFs could see volatility as the situation develops.
- BA and EADSY: Riyadh Air's 34-jet widebody order is a positive catalyst for Boeing, but the Ryanair window incident keeps safety scrutiny alive.
Sponsored Content
He bet half his $9 billion on ONE stock
One of the most successful fund managers of the past 50 years put more than half of his $9 billion portfolio - roughly $4.5 billion - into a single little-known company. Then his firm bought more shares for 61 straight trading days.
The former CEO of Google followed with a nine-figure partnership. The White House invoked emergency powers to protect what this company controls. Whitney Tilson, who called Netflix at 78 cents and Apple at 38 cents, is giving away the name and ticker free.
🎯 The Morning Playbook
The setup for Monday, July 20 is constructive but not without landmines. Futures are green across the board, yields are ticking slightly lower, and there are genuine stock-specific catalysts to trade around. AMC is your high-conviction momentum name at the open, while LXP's buyout puts industrial REITs on the map for the session.Energy is the wild card. The resumed halt in Caspian Pipeline oil shipments following the drone attack adds uncertainty to crude prices, and that feeds into inflation expectations and bond market behavior. If the 10-year yield pushes back above 4.56% during the session, watch for tech names to give back some of their pre-market gains.
The broader takeaway today is simple: there is opportunity in the specific stories, and caution in the macro backdrop. Do your homework on the names with fresh catalysts, keep position sizing sensible given the geopolitical noise, and remember that green futures do not guarantee a green close.
📰 Further Reading
Get This Stock Now (Ad)
This company is the lifeblood of AI data centers, yet almost no one has caught up with the story. Their hardware is so essential that the data center industry uses enough of it to stretch around the world 8 times – in a single building! So, if you own Nvidia stock now, you might be well-served to se...
Get my full take on this exciting play right here…
Missed Nvidia's 44,000%? This is the next big opportunity (Ad)
In February 2016, Nvidia was trading at $2.51, split-adjusted. The name barely came up in investment circles. But my data had flagged something. A pattern the market hadn't priced in yet. I sent my readers a single, clear recommendation. And anyone who acted could've got in on the biggest investment...
Click here now — before I'm forced to take it down.
Iran War TRUTH: What Was Revealed Behind Closed Doors (Ad)
There’s a strategy behind the Iran war. I know because I heard it directly in a closed-door meeting with a source whose connections run deep into global power networks. He walked me through the real purpose and the massive deal tied to it.
Click here to see the strategy behind the Iran war.