{
  "id": 126674,
  "title": "Dow futures jump 400 points after strong Caterpillar and Palantir earnings, S&P 500 to make run at record: Live updates",
  "url": "https://urgent.news/2026/08/04/dow-futures-jump-400-points-after-strong-caterpillar-and-palantir",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-04T11:41:07.000Z",
  "source": {
    "name": "CNBC",
    "slug": "cnbc-2",
    "url": "https://www.cnbc.com/2026/08/03/stock-market-today-live-updates.html?__source=newsletter%7Cbreakingnews"
  },
  "original_language": "en",
  "account": "Stock market futures surged on Tuesday after robust quarterly earnings from industry giants Caterpillar and Palantir Technologies. The Nasdaq-100 index experienced a significant jump, climbing by approximately 1%, with Palantir Technologies shares soaring more than 15% in premarket trading following an impressive second-quarter report. Other technology companies, including Micron and Marvell, also followed Palantir's lead, with gains of 3% and 7% respectively.\n\nThe Dow Jones Industrial Average futures climbed by 454 points, or 0.8%, driven primarily by a 9% increase in Caterpillar shares. This surge came after the industrial conglomerate reported better-than-anticipated second-quarter numbers. The S&P 500 futures also gained 0.2%, indicating a strong overall performance across major stock averages.\n\nInvestors are keeping a close eye on SpaceX, which is scheduled to report its first quarterly earnings as a public company later that day. The company's stock price had already risen by 0.8% ahead of the market open. Earlier in the week, major stock averages had already closed at record highs, propelled by Amazon surpassing the $3 trillion market cap milestone for the first time, along with substantial gains in Nvidia, Meta Platforms, and Alphabet.\n\nOil prices saw a rise on Tuesday, with West Texas Intermediate futures increasing by 1.8% to $81.82 per barrel, while Brent crude, the international benchmark, advanced by 2.3% to $85.74 per barrel. Key economic data slated for release includes June factory orders and international trade figures.\n\nIn Europe, the Stoxx 600 index saw a modest gain of 0.46% in early trading, with the Italian FTSE MIB leading the advance at 1.1%. Germany's DAX and the UK's FTSE 100 also made gains, while France's CAC 40 experienced a slight decline. Asia saw positive movement as well, with South Korea's Kospi up 1.62% and Japan's Nikkei 225 rising 0.32%. China's CSI 300 and Hong Kong's Hang Seng also gained, with the Hang Seng closing at 20,189.30.",
  "summary": null,
  "key_points": [
    "Dow futures rise 400 points after strong Caterpillar and Palantir earnings",
    "S&P 500 aims to surpass record high amid positive market performance",
    "Oil prices climb 1.8% to $81.82 per barrel, Brent crude up 2.3%"
  ],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/126674.png",
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "MarketWatch",
        "title": "Caterpillar is killing it, and data-center demand is driving record revenue",
        "url": "https://urgent.news/2026/08/04/caterpillar-is-killing-it-and-data-center-demand-is-driving-record",
        "published": "2026-08-04T11:50:00.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "Caterpillar lifts 2026 sales growth target on strong data center demand after quarterly profit beat",
        "url": "https://urgent.news/2026/08/04/caterpillar-lifts-2026-sales-growth-target-on-strong-data-center",
        "published": "2026-08-04T11:59:39.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}