Oil Export Surge & AI Job Cuts: Will Energy Security Overshadow Tech's Rebound Tonight?
📅 May 07, 2026 · 09:16 AM EDT | Wall Street Daily Briefing Pre-Market Snapshot US equity futures are signaling a cautiously optimistic open, with modest gains across the board following a strong showing in Asian markets. This suggests underlying resilience, though European indices posted mixed results, reflecting ongoing global economic divergence. Investors will weigh this against critical headlines impacting energy security and the evolving AI-driven job landscape. As the US market prepares to open, S&P 500 Futures are up 0.10% at 7397.25, while NASDAQ Futures show a 0.06% gain to 28734.25. Dow Futures are leading with a 0.14% rise, reaching 50103.0, and the Russell 2000 Futures are marginally positive at 2895.4 (+0.01%). Overnight, Asian markets saw significant advances, with Japan's Nikkei 225 surging +5.58% to 62833.84, Hong Kong's Hang Seng climbing +1.57% to 26626.28, and Korea's KOSPI gaining +1.43% to 7490.05. E...