US stock market today: S&P 500, Nasdaq futures extend rally on strong tech earnings; Amazon up 13%

Sunday, August 2, 2026 - 01:12
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US stock market today: S&P 500, Nasdaq futures extend rally on strong tech earnings; Amazon up 13%
Technology stocks saw a rebound driven by strong earnings, but July is set for a 7% decline for Nasdaq-100. Oil prices climbed amid Middle East tensions, benefiting Exxon and Chevron, which reported substantial profit increases. Investor sentiment remains cautious due to geopolitical instability.

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