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Market Open — Jul 28, 2026, 03:00 UTC
Oil prices are tumbling, down nearly 2% this morning! Crude oil trades at $80.98, a 1.97% drop. This fuels de-escalation hopes. Wall Street futures are mixed. The Dow Jones Industrial Average is up 0.51%. The S&P 500 sees a slight gain of 0.02%. But the NASDAQ Composite is down 0.18%.
Key takeaways
- Oil prices are tumbling, down nearly 2% this morning!
- Crude oil trades at $80.98, a 1.97% drop.
- The Dow Jones Industrial Average is up 0.51%.
Transcript
Oil prices are tumbling, down nearly 2% this morning! Crude oil trades at $80.98, a 1.97% drop. This fuels de-escalation hopes. Wall Street futures are mixed. The Dow Jones Industrial Average is up 0.51%. The S&P 500 sees a slight gain of 0.02%. But the NASDAQ Composite is down 0.18%. Fear reigns at 29 on the Fear & Greed Index. For individual movers, Luxfer is poised to pop. The company agrees to be acquired for $17.37 per share. Oil-related stocks could see pressure as crude drops. This follows US-Iran de-escalation hopes. Watch Nvidia closely today. They are discussing a massive $250 billion OpenAI data center guarantee. Today, watch for further oil price geopolitics. Singapore’s central bank tightened monetary policy. This signals global inflation concerns. Crypto markets are also flashing red. Bitcoin is down 3.00% to $63,129. Ethereum drops 3.60% to $1,875. Solana plunges 4.20% to $73.32. My bold prediction: Tech will attempt a strong rebound. Look for dip buyers in AI-related names. Stay sharp, stay nimble. This is Market Open on rawfin.tv.
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