U.S. equities opened modestly higher on Monday as investors tracked developments in the Middle East, with all three major indexes posting early gains. The Dow Jones Industrial Average added 13.2 points, or 0.03%, at the open, while the S&P 500 climbed 10.8 points, or 0.15%, and the Nasdaq Composite led with a 49.0-point gain, or 0.21%. The moves were measured rather than directional, reflecting cautious positioning rather than a clear risk-on shift. Geopolitical uncertainty in the Middle East typically introduces volatility into energy markets and safe-haven assets, and equity traders appear to be threading carefully until the situation clarifies. The Nasdaq's relative outperformance at the open suggests technology names absorbed early buying interest. Whether the early gains hold will depend on how the geopolitical picture develops through the session and whether energy prices or Treasury yields respond to any new information.
The Indian government has launched an OFS to sell up to 6.5% of its LIC stake, opening for non-retail investors on August 4, 2026, at a floor price of Rs 382 per share, about 11% below Monday's close. The discounted offering is likely to pressure LIC shares in the near term as supply increases sharply.
More than a dozen major Indian companies including Bharti Airtel, ONGC, Pidilite, Nykaa, DLF, and Ather Energy report April-June 2026 earnings on August 4. Results span telecom, energy, consumer goods, real estate, and EV sectors, giving markets a broad read on corporate health mid-earnings season.
Amazon shares hit a new all-time high Monday, pushing its market cap above $3 trillion following a sustained post-earnings rally. The milestone places Amazon among the very few companies globally to reach this valuation, with investor focus on AWS and advertising growth driving the move.
Sensex Gains 500 Points as Oil Falls on Iran Talks
The Sensex rose around 500 points and the Nifty crossed 24,500 on Monday after Donald Trump announced talks with Iran, pushing oil prices lower. IndiGo, ITC, FMCG, and metals led the gains as cheaper crude eased cost and inflation concerns.