Stock Market Today: S&P 500, Nasdaq 100 Futures Gain Amid Gold, Silver Rebound—Palantir Technologies, SanDisk, PepsiCo In Focus
Benzinga·2026-02-03 10:32

Market Overview - U.S. stock futures were higher following a positive close on Monday, with major benchmark indices showing gains [1] - The 10-year Treasury bond yielded 4.29%, while the two-year bond was at 3.58%, indicating market expectations for interest rates [2] Index Performance - Dow Jones increased by 0.002%, S&P 500 by 0.20%, Nasdaq 100 by 0.48%, and Russell 2000 by 0.05% [3] Stocks in Focus - Palantir Technologies Inc. (NASDAQ: PLTR) saw a premarket jump of 10.84% after reporting better-than-expected fourth-quarter results and issuing FY26 sales guidance above estimates, maintaining a stronger long-term price trend [7] - Advanced Micro Devices Inc. (NASDAQ: AMD) shares rose 2.33% ahead of earnings, with analysts expecting earnings of $1.32 per share on revenue of $9.67 billion, and it maintains a strong price trend [8] - PepsiCo Inc. (NASDAQ: PEP) was down 1.11% ahead of earnings, with expectations of $2.24 per share on revenue of $28.97 billion, and it maintains a stronger price trend [6][9] Analyst Insights - LPL Financial anticipates a "policy-driven market regime" in 2026, with fiscal and monetary decisions guiding market direction, predicting a modest economic slowdown early in the year but a rebound later [11] - LPL forecasts the S&P 500 to target a fair value range between 7,300 and 7,400 by year-end, driven by enthusiasm around artificial intelligence and continued Federal Reserve rate cuts, though cautioning that high valuations may temper gains [12]

Stock Market Today: S&P 500, Nasdaq 100 Futures Gain Amid Gold, Silver Rebound—Palantir Technologies, SanDisk, PepsiCo In Focus - Reportify