Pre-Market Briefing - Stock Market News Daily
On August 7, 2025, the Pre-Market Briefing recapped a cautious market recovery on Tuesday, with the S&P 500 up 0.7%, Nasdaq up 0.9%, and Dow up 0.5% after a jobs-driven sell-off, driven by a weak July report adding just 73K jobs against 100K expected. Key pre-market movers included Palantir (+2%) on AI contract gains, while Caterpillar and Eli Lilly lagged post-earnings due to tariff costs and trial disappointments, respectively. The EU-U.S. tariff deal (15% cap) and U.S.-China trade talk progress lifted autos and commodities, with Bitcoin stable at $114,000 amid pro-crypto sentiment. The episode highlighted the July ISM services PMI (forecast: 51.0) and European earnings from Allianz and Siemens as key focus areas. Markets awaited factory orders data and corporate tariff commentary, with futures suggesting cautious optimism for the day’s open.
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