Pre-Market | Dow Futures Rise Amid Fed Rate Cut Speculation, Interactive Brokers Soars on Earnings

18 Jul., DOW FUTURES up 0.13% in pre-market, NASDAQ FUTURES up 0.08% in pre-market, S&P FUTURES up 0.11% in pre-market. Trade tensions and US fiscal deficits are reducing global capital inflows to US equities, with fund flows slowing to under $20 billion quarterly. Federal Reserve officials signal potential interest rate cuts; debate centers on timing, with July unlikely but September possible based on market expectations.

Interactive Brokers Group rose 5.28% in pre-market trading, driven by strong second-quarter earnings that exceeded market expectations. Chevron also saw a significant increase, rising 3.15% in pre-market, following the successful mediation for Guyana oil assets, which clears the path for the acquisition of Hess. Meanwhile, Netflix experienced a drop of 2.29% in pre-market, attributed to a slowdown in subscriber growth in key markets. Sony Group shares fell 1.35% in pre-market, as a major investor reduced their holdings in the company.

In pre-market trading, Telomir surged over 145%, driven by positive preclinical results for Telomir-1, which demonstrated epigenetic reversal in prostate cancer cells. Meanwhile, Blaize Holdings climbed nearly 90% following the announcement of a $120 million agreement for AI infrastructure deployment across Asia-Pacific markets. On the downside, LQR House plummeted over 63% after being named as a defendant in a lawsuit seeking an asset freeze. Northern Dynasty also saw a significant drop of nearly 48%, attributed to insider selling by directors.

U.S. global stock fund inflows have declined significantly amid trade tensions, impacting investor sentiment due to fiscal deficits and policy uncertainty. Chinese officials affirmed openness to foreign investment during talks with a major U.S. tech firm, highlighting market opportunities. A congresswoman lodged a Justice Department complaint against the Federal Reserve Chair, citing potential misconduct over a renovation project. Federal Reserve officials signaled debates on interest rate cuts, with varying views on timing and stabilization levels, amid evolving economic conditions.