Stock futures are little changed as investors weigh Iran deal progress: Live updates
The Sensex fell 455.59 points to 78,499.17 and the Nifty declined 65.35 points to close at 24,570.65 on August 7, 2026. This downward movement ended a two-day recovery period for Indian benchmark indices. Investors reacted to weakness in financial and banking stocks, alongside geopolitical concerns and high crude oil prices. These factors combined to dampen investor sentiment, dragging the markets lower by the Friday close.
What changed
Indian benchmark indices closed lower on August 7 following a two-day recovery.
Live updates
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Indian indices drop as banking stocks and oil prices pressure markets
The Sensex fell 455.59 points to 78,499.17 and the Nifty declined 65.35 points to close at 24,570.65 on August 7, 2026. This downward movement ended a two-day recovery period for Indian benchmark indices. Investors reacted to weakness in financial and banking stocks, alongside geopolitical concerns and high crude oil prices. These factors combined to dampen investor sentiment, dragging the markets lower by the Friday close.
Why it matters
Market volatility in India often correlates with fluctuations in crude oil prices and geopolitical instability. The banking sector serves as a primary driver for the Sensex and Nifty 50 indices.
What is confirmed
- The Sensex fell 455.59 points to 78,499.17 on August 7, 2026.
- The Nifty declined 65.35 points to close at 24,570.65 on August 7, 2026.
What to watch next
- WASDE report impact on corn prices
- Changes in Indian Rupee exchange rates against the Dollar
confidence 100%Sources used for this update (3)
- economictimes.indiatimes.com — Indian Rupee
- www.thehindubusinessline.com — Sensex today | Stock Market Highlights: Sensex falls 456 points, Nifty slips as banking stocks drag markets lower
- www.theglobeandmail.com — Corn Hangs Near Key Support Ahead of WASDE, Cattle Stuck in a Range, Energy Surges
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US stocks rose Tuesday amid falling oil prices
US stocks gained on July 28 as investors monitored corporate earnings. The Dow Jones Industrial Average rose 624 points. Low oil prices contributed to the market movement.
What's confirmed:
- The Dow Jones Industrial Average climbed 624 points, or 1.2%, on Tuesday, July 28.
- Sherwin-Williams shares jumped 8% after reporting second-quarter results that beat expectations.
confidence 100%Sources used for this update (2)
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US Stock Futures Surge on US-Iran Agreement to Halt Attacks
US stock futures climbed as the US and Iran agreed to stop attacks. The two nations will meet in Qatar on Tuesday to renegotiate terms. This diplomatic progress lowered oil prices and boosted investor confidence.
What's confirmed:
- The US and Iran agreed to halt attacks.
- The US and Iran will meet in Qatar on Tuesday to renegotiate terms.
- US stock futures rose following the peace agreement.
- The agreement led to a decrease in oil prices.
Still unconfirmed:
- The Dow Jones closed above 52,000 for the first time.
- A Supreme Court ruling backed the Fed's actions.
- Alphabet, Rocket Lab, SpaceX, and Tesla stocks surged.
- Oil prices fell more than 1% on Wednesday.
confidence 90%Sources used for this update (7)
- S&P 500, Dow, Nasdaq Futures Climb As US, Iran Reportedly ... - Stocktwits
- Dow Jones Futures: Stock Market Rallies On U.S.-Iran; SpaceX, Tesla ...
- Markets feel relief as the U.S. and Iran agree to a ceasefire on their ...
- Stock Futures Surge Amid U.S.-Iran Peace Talks and AI ... - Devdiscourse
- Dow Jones closes above 52,000 for the first time as US-Iran truce holds
- Oil little changed as Qatar sees U.S.-Iran progress - CNBC
- S&P 500 futures are little changed as investors weigh Iran deal ...
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US Stock Futures Mix as Iran Ceasefire Faces Tension
US equity futures are fluctuating as investors monitor an interim peace deal with Iran. Market participants are also waiting for the May PCE inflation reading scheduled for Thursday. Tensions rose after reports of an Iranian drone strike on a cargo ship near Oman.
What's confirmed:
- US President Donald Trump accused Iran of violating a ceasefire after an Iranian drone allegedly hit a cargo ship's upper deck near Oman in the Strait of Hormuz.
- Investors are awaiting the May PCE inflation reading scheduled for Thursday.
- Iranian Deputy Foreign Minister Kazem Gharibabadi stated safe navigation in the Strait of Hormuz cannot be guaranteed without recognizing Iran's role as a coastal state.
Still unconfirmed:
- Oman has informed allies that ships using the strait may eventually have to pay fees.
- Three drones were intercepted during the attack on the cargo ship.
confidence 80%Sources used for this update (9)
- Iran Conflict Tracker - stewardship.pro
- US-Iran Peace Deal Live: UAE issues missile threat alert, declares all ...
- Stock futures fall as investors weigh Iran deal progress and await key ...
- Baystreet.ca - Futures Dip over Iran Deal Suspense
- Stock futures are little changed as investors weigh Iran deal progress ...
- Stock futures today: Live updates - CNBC
- STOXX 600 opens flat as investors weigh US-Iran talks and ECB outlook
- Oil Holds Near Recent Lows as Markets Monitor Progress in U.S.-Iran Talks
- US Stock Futures Advance on Iran, Oil Pares Gain: Markets Wrap
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US Stock Futures Muted as Investors Weigh Iran Deal and Inflation Data
US stock futures remain flat as investors monitor progress on an interim peace deal with Iran. Markets are also awaiting the release of key PCE inflation data. Oil prices are fluctuating based on the status of these negotiations.
What's confirmed:
- President Trump announced an interim peace deal with Iran.
- Vice President JD Vance stated that economic relief for Tehran depends on compliance with the deal terms.
- The US has cleared the way for Iran to sell oil in dollars, including to American buyers.
- Investors are awaiting the release of PCE inflation data.
Still unconfirmed:
- Brent crude slipped below $80 a barrel after mediators mentioned a 60-day roadmap to a deal.
- Micron rose over 4% while SpaceX fell nearly 5%.
- Gasoline prices fell below $4.
- Intel is leading a chip stock rally.
confidence 80%Sources used for this update (19)
- Dow Jones Futures Rise, Oil Prices Dive As Trump Announces Iran Deal
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- Stock market today: Dow, S&P 500, Nasdaq rally as Iran deal optimism ...
- Global stock markets close lower on Friday as investors assess durability of U.S.-Iran peace deal
- Brent oil rises more than $1/bbl after bumpy start to US-Iran peace talks
- Stock futures fall as oil prices rise; investors await key reading on inflation: Live updates
- Stock futures fall as oil prices rise; investors await key reading on inflation: Live updates
- Stock market today: S&P 500, Nasdaq, Dow futures slide with US-Iran peace and inflation in focus
- Stocks rally in Asia as Iran cites progress in talks
- Dow Jones Futures Fall After U.S.-Iran Talks; Nvidia, SpaceX, Micron In ...
- Stock Market Today: Nasdaq Futures Inch Up After Tense U.S.-Iran Talks — Live Updates