Stock Market Today: S&P 500, Nasdaq 100 Futures Gain Amid Gold, Silver Rebound—Palantir Technologies, SanDisk, PepsiCo In Focus - State Street SPDR S&P 500 ETF Trust (ARCA:SPY)
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] - Consumer staples, industrials, and financial stocks led the S&P 500's gains, while utilities and energy stocks closed lower [10] Company Performance - 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 its earnings report, with analysts expecting earnings of $1.32 per share on revenue of $9.67 billion, and it maintains a strong price trend across all time frames [8] - PepsiCo Inc. (NASDAQ: PEP) was down 1.11% ahead of its earnings release, with analysts expecting earnings of $2.24 per share on revenue of $28.97 billion, and it maintains a stronger price trend over the short, medium, and long terms [6][9] Analyst Insights - LPL Financial anticipates a "policy-driven market regime" in 2026, with fiscal and monetary decisions influencing market direction, predicting a modest economic slowdown early in the year but a rebound later [11] - The bull market is expected to continue, with a target fair value range for the S&P 500 between 7,300 and 7,400 by year-end, driven by enthusiasm around artificial intelligence and potential Federal Reserve rate cuts [12]

AMD-Stock Market Today: S&P 500, Nasdaq 100 Futures Gain Amid Gold, Silver Rebound—Palantir Technologies, SanDisk, PepsiCo In Focus - State Street SPDR S&P 500 ETF Trust (ARCA:SPY) - Reportify