India, July 28 -- U.S. stock market futures are trading mixed with a cautious bias today, driven by falling oil prices and upcoming big tech earnings. Key drivers include retreating oil prices, AI spending scrutiny, and upcoming corporate reports. The U.S. stock market is experiencing a stark rotation trade today, July 28, 2026, as a steep global sell-off in semiconductor stocks drags down the tech-heavy Nasdaq.

Meanwhile, blue-chip sectors are pushing the Dow Jones higher. Investors are actively moving capital out of high-flying AI hardware names and repositioning into defensive sectors and traditional value stocks.

US Stock Market Today: Key Market Drivers

Global Tech Meltdown: Severe overnight losses in Asian tech hubs-including a 1...