US stock index futures tick up on August 4 as Palantir jumps over 16% and Caterpillar rises 6%
US equity index futures moved higher, led by tech, after Palantir's Q2 beat drove a sharp premarket surge and lifted Nasdaq100 futures. Semiconductor and AI-linked names also strengthened, reinforcing the earnings-driven bid. Broader futures gained as Caterpillar's results supported cyclicals. Attention remains on upcoming major earnings and West Asia headlines; renewed geopolitical uncertainty is a cross-current via higher oil prices.
Affected assets
NCSINASDAQ1002USD/USDT+2.73%
AI Insight · NCSINASDAQ1002USD/USDTAI Insight
▲ Bullish
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In premarket trading on August 4, Palantir Technologies surged more than 16% after reporting stronger-than-expected second-quarter results, helping lift Nasdaq 100 futures about 0.9%. Chip and AI-linked names also advanced, with Micron Technology up around 3% and Marvell Technology rising about 7%. Dow Jones and S&P 500 futures edged higher as strength in technology stocks fed through to broader indexes.