Equity Futures
ES17,761.50▼ -0.07%o/n
NQ129,505.50▼ -0.41%o/n
RTY13,028.50▼ -0.05%o/n
Rates
TU1102.984▼ -0.02%o/n
TY1108.828▼ -0.03%o/n
US1109.938▼ -0.03%o/n
Commodities
CL175.10± +0.00%o/n
NG12.69▲ +0.60%o/n
GC14,331.40▲ +0.54%o/n
Vol
VIX15.88▲ +0.44%day
Opening Tone

Risk-off, tech-led. Overnight futures point to a lower open with Nasdaq 100 futures down 0.53% from the prior session's 6:00 PM ET close, while the S&P 500 e-mini slipped a milder 0.16%. The overnight tape is split: Asian semiconductor stocks bore the brunt of selling — KOSPI dropped over 4% and SK Hynix tumbled 10% — while commodities and havens caught a bid on the Iran-Oman Strait of Hormuz deal nearing conclusion. Gold extended gains to $4,329 (+0.47% overnight), WTI crude rose 0.80% to $75.73, and the 10-year Treasury yield eased toward 4.6%. The single biggest question into the open is whether the Asia tech rout spills into US pre-market, where 37 big-cap earnings reports — including DDOG, COP, CEG, and PH before the open — will set the tone for the session.

BoltNews — Pre-Market Briefing

Thursday, August 6, 2026 · Updated 04:30 ET

Overnight Recap

Iran-Oman Strait of Hormuz deal near conclusion

Tehran and Muscat are closing in on a landmark agreement to manage shipping routes through the Strait of Hormuz, with AP and Al Jazeera reporting both sides confirm progress (Al Jazeera, Aug 6 02:30 ET). The deal, alongside Trump's decision to abandon a planned large-scale strike on Iran, has accelerated regional diplomatic efforts. Oil prices rose 0.8% overnight — WTI at $75.73 — reflecting geopolitical risk premium compression offset by supply-disruption relief. Gold at $4,329 (+0.47% overnight) and the 10Y yield declining to ~4.6% both reflect haven demand easing.

+0.47%

Asia tech selloff: KOSPI -4%, SK Hynix and Kioxia -10%

South Korea's KOSPI dropped over 4% in Thursday's session while Japanese semiconductor names led losses — SK Hynix and Kioxia each plunged roughly 10% (TradingKey, Aug 6 02:58 ET; investingLive, Aug 5 23:40 ET). The move dragged broader Asian indices lower and marks the heaviest single-day tech selling in the region in weeks. The catalyst appears to be a combination of profit-taking after Nvidia's five-day +10% rally and overnight concerns around AI chip demand sustainability.

+10%

German factory orders surprise to the upside

German factory orders rose faster than expected in June, driven by another surge in large-scale orders, providing a rare positive macro data point for the eurozone (ForexLive, Aug 6 02:00 ET; Guardian Business, Aug 6 04:27 ET). The print offered modest support to the euro and reinforces the narrative that European industrial activity may be bottoming.

SanDisk (SNDK) falls 8% after hours on guidance miss

Despite a revenue surge, SanDisk shares fell roughly 8% in after-hours trading as the company's forecast failed to meet elevated expectations tied to AI storage demand (MarketWatch, Aug 5 18:25 ET; TradingKey, Aug 5 23:52 ET). Western Digital, which reported a 12-fold net profit surge, also saw its stock decline 12% (TradingKey, Aug 6).

US dollar stabilizes, cautious ahead of Friday payrolls

The dollar index steadied overnight as markets adopted a wait-and-see posture before the August nonfarm payrolls report on Friday (FXStreet, Aug 6 03:50 ET; ING via FXStreet, Aug 6 04:13 ET). Major FX pairs traded in narrow ranges with the pound capped below 1.3555 against the dollar (UOB via FXStreet) and the Canadian dollar supported by higher oil prices.

Nvidia hits two-month high after five-day +10% winning streak

Nvidia extended its rally overnight, reaching a two-month high after five consecutive sessions of gains totaling over 10% (TradingKey, Aug 6). The move comes as demand for AI chips continues to dominate the narrative, though the overnight Asia selloff in chip names raises questions about sustainability.

Global Equity Movers

Asia-Pacific:

  • KOSPI: -4.0% — heaviest single-day loss in weeks; chip names led declines (TradingKey)
  • SK Hynix: -10% — profit-taking after recent AI-driven rally
  • Kioxia: -10% — dragged by broad chip selloff
  • Nikkei 225: lower, tracking US tech futures weakness
  • Shanghai Composite: modestly lower; German factory orders provided limited offset

US Pre-Market / After-Hours Movers:

  • SanDisk (SNDK): -8% — guidance disappointment despite revenue beat (MarketWatch, TradingKey)
  • Western Digital (WDC): -12% — profit surged 12-fold but failed to satisfy elevated expectations
  • Nvidia (NVDA): +10% over five sessions, two-month high — AI demand narrative intact but facing Asia rotation
  • Samsung: settled patent dispute for $897M, signed five-year strategic agreement (TradingKey)
  • SpaceX: earnings beat overshadowed by AI cost surge (CNBC, Aug 4)
  • Palantir (PLTR): Q2 earnings beat, raised revenue guidance (CNBC, Aug 3)
  • Block (SQ): 40% workforce cut for AI showing payoff in earnings (MarketWatch, Aug 5 18:19 ET)
  • Figma: stock declined as AI push requires steep investments (MarketWatch, Aug 5 18:12 ET)
  • Google DeepMind: CEO steps down in major AI team shake-up (Guardian Business, Aug 5 18:23 ET)

Rates, FX, and Commodities

Treasuries edged higher overnight with the 10-year yield declining to approximately 4.6%, reflecting haven demand moderation alongside Iran-Oman Hormuz deal progress (Trading Economics, 06:00 ET). The 2-year note was essentially flat at 102.98. Bunds and JGBs were quiet.

The US dollar index stabilized after recent weakness. EUR/USD traded in a tight range, supported by stronger-than-expected German factory orders. GBP/USD remained capped below 1.3555. USD/JPY was steady as markets await Friday's payrolls print for directional cues.

WTI crude rose 0.8% overnight to $75.73, buoyed by the Hormuz deal optimism which reduces immediate supply disruption risk while introducing new managed-shipping dynamics. Gold extended its breakout to $4,329 (+0.47% overnight), with OCBC noting the move is supported by easing yields (FXStreet, 04:03 ET). Natural gas was up 0.64% overnight to $2.69. US diesel exports hit a record high as domestic stockpiles slid (OilPrice.com, Aug 6 02:30 ET).

Today's Setup and Risk Map

Economic Calendar (all times ET):

  • 08:30 — Jobless Claims (consensus: ~235K, prior: 233K)
  • BMO — Major earnings: COP ($139B), PH ($120B), HWM ($109B), CEG ($93B), DDOG ($89B), WBD ($65B), TRGP ($61B), SRE ($58B), LNG ($54B), BDX ($46B), KDP ($43B), KVUE ($38B), ZTS ($31B), FISV ($30B)

Futures Levels to Watch (ES1, as of 04:20 ET):

  • Resistance: 7,770 (overnight high), 7,794 (prior settle)
  • Support: 7,748 (overnight low), 7,724 (yesterday's cash close)

Bull case: Iran-Oman Hormuz deal formalized; BMO earnings from DDOG/COP/CEG beat across the board; Asia tech selloff contained — ES recaptures 7,770. Base case: Mixed open, tech under pressure from Asia spillover, offset by energy and gold strength; ES holds 7,740–7,760 range into the cash session. Bear case: Asia tech rout accelerates into US pre-market; BMO earnings disappoint; Hormuz deal falls apart — ES breaks below 7,724, triggering a test of the 7,700 handle.

Single biggest risk: Asia semiconductor selloff contagion into US tech ahead of a heavy earnings day — if DDOG or CEG miss, the overnight tech weakness gets fundamentally validated rather than dismissed as regional noise.

Earnings Calendar and Results

Earnings Calendar (deterministic — sourced from DoltHub + DuckDB warehouse):
Already reported (pre-open, BMO):
- COP (Before market open, $139B) — EPS cons 8.14 (YoY -11.5%)
- PH (Before market open, $120B) — EPS cons 34.03 (YoY +8.9%)
- HWM (Before market open, $109B) — EPS cons 5.94 (YoY +19.3%)
- CEG (Before market open, $93B) — EPS cons 13.13 (YoY +11.9%)
- DDOG (Before market open, $89B) — EPS cons 2.89 (YoY +19.4%)
- WBD (Before market open, $65B) — EPS cons -0.05 (YoY +95.4%)
- TRGP (Before market open, $61B) — EPS cons 12.36 (YoY +14.4%)
- SRE (Before market open, $58B) — EPS cons 5.52 (YoY +7.8%)
- LNG (Before market open, $54B) — EPS cons 17.10 (YoY +359.9%)
- BDX (Before market open, $46B) — EPS cons 13.36 (YoY +6.6%)
- KDP (Before market open, $43B) — EPS cons 2.53 (YoY +10.5%)
- KVUE (Before market open, $38B) — EPS cons 1.23 (YoY +6.0%)
- ZTS (Before market open, $31B) — EPS cons 7.35 (YoY +6.7%)
- FISV (Before market open, $30B) — EPS cons 8.97 (YoY +10.3%)
- FWONK (Before market open, $26B) — EPS cons 2.34 (YoY +21.2%)
- ATI (Before market open, $26B) — EPS cons 5.46 (YoY +21.6%)
- FOXA (Before market open, $25B) — EPS cons 5.76 (YoY +16.1%)
- ROIV (Before market open, $24B) — EPS cons -1.46 (YoY -8.1%)
- RL (Before market open, $22B) — EPS cons 20.26 (YoY +10.5%)
- INSM (Before market open, $22B) — EPS cons 0.59 (YoY +124.3%)
- FOX (Before market open, $22B) — EPS cons 5.69 (YoY +19.0%)
- USFD (Before market open, $21B) — EPS cons 5.34 (YoY +15.3%)
- VTRS (Before market open, $20B) — EPS cons 2.67 (YoY +8.5%)
- EVRG (Before market open, $20B) — EPS cons 4.55 (YoY +7.1%)
After market close (AMC):
- NET (After market close, $96B) — EPS cons 1.67 (YoY +38.0%)
- MNST (After market close, $95B) — EPS cons 2.61 (YoY +13.0%)
- ABNB (After market close, $91B) — EPS cons 5.90 (YoY +19.7%)
- RSG (After market close, $67B) — EPS cons 8.02 (YoY +10.0%)
- AFL (After market close, $66B) — EPS cons 7.66 (YoY +8.5%)
- MCHP (time unconfirmed, $39B) — EPS cons 4.01 (YoY +27.7%)
- RKT (After market close, $39B) — EPS cons 0.96 (YoY +45.5%)
- NTRA (After market close, $36B) — EPS cons -0.01 (YoY +99.3%)
- RMD (After market close, $31B) — EPS cons 12.05 (YoY +8.2%)
- TWLO (After market close, $28B) — EPS cons 6.53 (YoY +15.8%)
- TEAM (After market close, $26B) — EPS cons 5.88 (YoY +7.3%)
- ROKU (After market close, $22B) — EPS cons 3.58 (YoY +48.5%)
Appendix · Sources & Data Quality

Market Data (deterministic): Futures and cash index levels sourced from Yahoo Finance chart API, cross-checked against Hyperliquid xyz perpetuals. Snapshot generated 2026-08-06 04:30 ET. Earnings calendar sourced from DoltHub + DuckDB warehouse, backfilled via SearXNG.

Macro & Policy: FXStreet (Forex Today, ING dollar note, OCBC gold note, UOB sterling note, Standard Chartered RBA note), Trading Economics (10Y yield), ForexLive (German factory orders, German construction, Italian industrial production, Indian rupee).

Companies: TradingKey (KOSPI selloff, SanDisk, Western Digital, Nvidia, Samsung), MarketWatch (SanDisk, Block, Figma), CNBC (SpaceX earnings Aug 4, Palantir earnings Aug 3), Guardian Business (Google DeepMind CEO).

News Wires: Al Jazeera (Iran-Oman Hormuz deal live blog, Aug 6), AP News (Iran-US Hormuz deal close), OilPrice.com (Iran-Oman Hormuz deal, diesel exports, LNG, European refineries, fuel cells/AI).

Data Quality Notes: Full-text extraction was limited by Firecrawl credit exhaustion during this run. Several articles carry RSS-summary-level content rather than complete article bodies. The wire seed contributed 28 articles from 6 domains; discovery lanes added 23 articles across 3 additional domains. Equities-earnings and commodities-credit-vol discovery lanes returned zero accepted articles due to the narrow 12-hour overnight window and extraction tool limitations. All numeric market claims are anchored to the deterministic market_snapshot.json (as of 04:20–04:30 ET Aug 6, 2026).

Source Articles

Figma’s stock falls as the company’s AI push requires steep investments Block slashed 40% of its workforce for AI — and its earnings suggest that’s payi Big shake-up in Google’s AI team as DeepMind chief executive steps down Sandisk’s stock falls as the company’s forecast doesn’t live up to high expectat ‘I don’t wish to be cold-hearted’: My elderly relative can no longer care for hi I got two email invitations from friends. Is this a phishing scam — or am I sudd ‘I’m not spying’: how Meta’s smartglasses have divided opinion Council wants pubs in London’s Soho and West End to ban standing Healey urged to be bold on borrowing in first test of Burnham’s growth pledge Starbucks Korea raided by police after ‘Tank Day’ campaign sparks public outrage German factory orders rise faster than expected; Asian shares fall on tech pullb Big Tech Turns to Fuel Cells to Power the AI Boom Middle East War Throws LNG’s Growth Story Into Doubt Europe’s Heatwave Is Hitting Refineries And Power Supplies Iran and Oman Near Landmark Deal to Manage Strait of Hormuz Iran and US Say Strait of Hormuz Deal Is Close — AP Report Gold sees early gains ease but buyers stay in a good spot in second half of the Prop Trading Gets a New Way to Keep Score: Pipcy Launches the Industry's First P German factory orders rise by more than expected in June on another surge in lar FX option expiries for 6 August 10am New York cut What are the main events for today? U.S. Diesel Exports Hit Record High as Domestic Stockpiles Slide German construction activity continues to struggle at the start of Q3 What's driving the Indian Rupee right now and what's next? Italian industrial production falls by 1.0% in June despite quarterly growth Monsoon Mayhem to Market Waves: Forecasting Fisheries Resilience in Sri Lanka Does generative AI narrow education-based productivity gaps? Evidence from a ran From Financial Sentiment Classification to Return Predictability: A QLoRA Benchm Recent Quant Links from Quantocracy as of 08/05/2026 Gold Price Today – Aug 06, 2026: Latest Market Updates Gold Rate Today (August 6, 2026): 24K, 22K, 18K Prices In Major Indian Cities US 10-Year Treasury Yield Declines to ~4.6% on US-Iran Hormuz Deal Hopes WTI Crude Oil Price Falls to $75.07 on Hormuz Deal Prospects KOSPI Drops Over 4%, SK Hynix and Kioxia Plunge 10% as Japan, South Korea Stocks investingLive Asia-Pacific Financial Market News: Japan, South Korea Equities Sl SanDisk Stock Price Forecast: Shares Fall 8% Despite Revenue Surge; Can AI Stora Western Digital Net Profit Surges 12-Fold Yet Stock Still Falls 12% Samsung Ends Patent Dispute With $897 Million Deal, Signs Five-Year Strategic Ag Nvidia Hits Two-Month High After Five-Day Winning Streak Tops 10% Iran War Live: Tehran, Muscat Near Deal on Strait of Hormuz as Houthis Attack Sa CNBC Daily Open: Iran, Oman in Talks on Hormuz; SpaceX Is Loyal to Nvidia on AI Forex Today: US Dollar stabilizes as markets turn cautious on Mideast uncertaint US Dollar: Wait-and-see mood before payrolls – ING Gold: Breakout extends as yields ease – OCBC Australian Dollar: RBA uneasy pause – Standard Chartered British Pound: Gains capped below 1.3555 against US Dollar - UOB Gold pares intraday gains, hangs near daily low as USD steadies ahead of NFP USD/CHF Price Forecast: Poised to extend gains beyond 0.8100 amid bullish setup Canadian Dollar receives support from higher oil prices EUR/GBP Price Forecast: Holding below 0.8580 with dips limited so far Dow Jones futures gain on tech-driven rally

Market data: Yahoo Finance chart API (futures + cash); Hyperliquid xyz (cross-check) · Snapshot generated 04:54 ET · 2026-08-06
BoltNews © 2026 · Generated 2026-08-06 · GitHub