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US Stock Futures Slip on Alphabet, Oil Advances: Markets Wrap

Bloomberg Markets Wednesday 22 July 2026, 22:12 UTC By Toby Alder 1 min read
Key Points

US Stock Futures Slip on Alphabet, Oil Advances: Markets Wrap US equity-index futures declined in early Thursday trading as investors weighed earnings from AI heavyweights for evidence that surging capital spending is translating into growth. Oil extended its rally. Contracts for the S&P 500 fell 0.2% while those for the Nasdaq 100 slipped 0.4% after both benchmarks fell in New York.

US Stock Futures Slip on Alphabet, Oil Advances: Markets Wrap US equity-index futures declined in early Thursday trading as investors weighed earnings from AI heavyweights for evidence that surging capital spending is translating into growth. Oil extended its rally. Contracts for the S&P 500 fell 0.2% while those for the Nasdaq 100 slipped 0.4% after both benchmarks fell in New York. In late trading, Alphabet Inc. dropped almost 5% after lifting its full-year capital expenditure forecast even as cloud revenue beat estimates. Tesla Inc. missed earnings expectations, while International Business Machines Corp. lowered its full-year sales outlook. Stock futures in Asia pointed to a mixed open.
US Stock Futures Slip (ORG) Alphabet, Oil Advances: Markets Wrap US Stock Futures Slip (ORG) Alphabet, Oil Advances: (ORG) US (LOCATION) AI (ORG) New York (LOCATION) Alphabet Inc. (ORG) Tesla Inc. (ORG) International Business Machines Corp. (ORG) Asia (LOCATION)
Originally published by Bloomberg Markets Read original →

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