Thursday, July ninth, 2026
Pre-market futures are up forward of the opening bell this morning, following a blended shut Wednesday — the Dow misplaced -1.09% whereas the Nasdaq grew +0.20%, with the S&P 500 splitting the distinction: -0.28%. At this hour, following the discharge of latest Weekly Jobless Claims numbers, we’re up +74 factors on the Dow, +319 on the Nasdaq and the S&P 500 +18. The bond yield between two-year and 10-year t-bills is widening a bit, +4.58% on 10s and +4.19% on 2s.
Jobless Claims: Regular as She Goes
Glancing at this morning’s Weekly Jobless Claims figures, you may suppose you’re nonetheless taking a look at final week’s outcomes. Preliminary Claims got here in at +215K, proper the place they have been every week in the past (which has now revised up barely to +217K). It’s wanting increasingly like that burst to +230K within the first week of June was an outlier; we’ve been averaging roughly +215K new claims all through 2026 to this point.
Persevering with Claims additionally got here in exactly the place final week’s authentic print did: +1.814 million. The prior learn comes down a bit to +1.806 million. Whereas this does register because the fourth-straight longer-term jobless claims report at or above 1.8 million, claims have been muted and regular. The truth is, after spending a lot of 2025 at or above +1.9 million longer-term claims, we’ve been beneath it each week in 2026 thus far.
PepsiCo Posts Modest Q2 Beats
Forward of at the moment’s open, PepsiCo PEP opens the spigot a tad on Q2 earnings season. The worldwide beverage and meals large — other than Pepsi merchandise, the company additionally owns Doritos, Gatorade and several other different manufacturers — beat the Zacks estimate on earnings by a penny to $2.20 per share. Revenues of $24.18 billion got here in +1.32% forward of consensus.
Shares are down on the information, with softer-than-expected gross sales in North America. Tightening shopper budgets and inflation within the home economic system have been accountable. Globally, the corporate grew +3% on meals and +2% on drinks. PepsiCo has stored its full-year steering regular on each earnings and gross sales. For extra on PEP’s earnings, click on right here.
What to Anticipate from the Inventory Market Right this moment
After this morning’s opening bell, Present Dwelling Gross sales for June come out. Expectations are for 4.20 million seasonally adjusted, annualized items, which might be the third-straight month increased from March’s seven-month lows. A month in the past, the Midwest led with current residence gross sales up +6.4%, adopted by +3.2% within the South. The Northeast grew a quieter +2.2% and the West — lengthy the chief in current residence gross sales figures — solely gained +0.75% yr over yr within the Could report.
We’ll additionally hear speeches from Fed Presidents John Williams (New York) and Lorie Logan (Dallas) later this morning. In any other case, we’re achieved with financial reportage for the buying and selling week, together with tomorrow. Friday morning, Delta Air Traces DAL continues the sluggish trickle of the Q2 earnings. Zacks expects -28.57% earnings progress yr over yr, whereas gaining +6.68% in revenues. The main airline is driving a six-quarter earnings beat streak, with the trailing 4 months averaging +5.4%.
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Delta Air Traces, Inc. (DAL) : Free Inventory Evaluation Report
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This text initially revealed on Zacks Funding Analysis (zacks.com).
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
