{"slug": "stock-market-today-dow-s-p-500-nasdaq-futures-diverge-ahead-of-sk-hynix-s-mega", "title": "Stock market today: Dow, S&P 500, Nasdaq futures diverge ahead of SK Hynix's mega US IPO", "summary": "US stock futures diverged on Friday as investors awaited SK Hynix's US listing, the largest ever by a foreign company, which is seen as a test for the AI trade. Chip stocks fell in premarket trading, while oil prices rose amid ongoing Middle East tensions and slowed traffic through the Strait of Hormuz.", "body_md": "# Stock market today: Dow, S&P 500, Nasdaq futures diverge ahead of SK Hynix's mega US IPO\n\nUS stock futures diverged in premarket trading on Friday as investors awaited SK Hynix's ([000660.KS](https://finance.yahoo.com/quote/000660.KS/)) US listing, viewed as a test for the AI trade, and monitored traffic through the Strait of Hormuz.\n\nFutures on the Dow Jones Industrial Average ([YM=F](https://finance.yahoo.com/quote/YM=F/)) gained 0.2%, while those on the S&P 500 [(ES=F)](https://finance.yahoo.com/quote/ES%3DF/) were roughly flat. Contracts for the tech-heavy Nasdaq 100[ (NQ=F)](https://finance.yahoo.com/quote/NQ%3DF/) fell 0.2% following [a winning day on Wall Street.](https://finance.yahoo.com/markets/live/stock-market-today-thursday-july-9-us-strikes-iran-dow-sp-nasdaq-223149196.html)\n\nChip stocks fell in premarket trading ahead of SK Hynix's [Nasdaq debut](https://finance.yahoo.com/technology/article/chip-giant-sk-hynix-raises-265-billion-in-blockbuster-us-share-offering-193700352.html), expected to be the day's main event. The South Korean memory chip maker and Nvidia ([NVDA](https://finance.yahoo.com/quote/NVDA/)) supplier raised $26.5 billion in its US share offering, making its US listing the largest ever by a foreign company.\n\nMeanwhile, oil prices rose slightly as investors continued to watch developments in the Middle East after the US and Iran launched their heaviest attacks since the ceasefire agreement was signed. West Texas Intermediate crude futures ([CL=F](https://finance.yahoo.com/quote/CL=F/)) hovered near $72 a barrel, while Brent crude ([BZ=F](https://finance.yahoo.com/quote/BZ=F/)), the international benchmark, traded above $76 a barrel as traffic through the [Strait of Hormuz slowed again.](https://finance.yahoo.com/markets/article/strait-of-hormuz-traffic-is-near-a-standstill-again-but-analysts-say-the-world-has-adapted-164641420.html)\n\nIn corporate news, Delta Air Lines ([DAL](https://finance.yahoo.com/quote/DAL/)) stock fell after the airline [reported substantial fuel costs](https://finance.yahoo.com/markets/stocks/article/delta-q2-earnings-top-estimates-reinstates-full-year-guidance-as-fuel-prices-bite-175815467.html) in the second quarter, offset by its premium business. The air carrier beat Wall Street's earnings estimates and reinstated its full-year guidance.\n\n**Click here for in-depth analysis of the latest stock market news and events moving stock prices**\n\n**Read the latest financial and business news from Yahoo Finance**", "url": "https://wpnews.pro/news/stock-market-today-dow-s-p-500-nasdaq-futures-diverge-ahead-of-sk-hynix-s-mega", "canonical_source": "https://ca.finance.yahoo.com/news/stock-market-today-friday-july-10-dow-sp-nasdaq-113921604.html", "published_at": "2026-07-10 11:39:21+00:00", "updated_at": "2026-07-10 12:08:09.517822+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-chips"], "entities": ["SK Hynix", "Nvidia", "Delta Air Lines", "Dow Jones Industrial Average", "S&P 500", "Nasdaq 100"], "alternates": {"html": "https://wpnews.pro/news/stock-market-today-dow-s-p-500-nasdaq-futures-diverge-ahead-of-sk-hynix-s-mega", "markdown": "https://wpnews.pro/news/stock-market-today-dow-s-p-500-nasdaq-futures-diverge-ahead-of-sk-hynix-s-mega.md", "text": "https://wpnews.pro/news/stock-market-today-dow-s-p-500-nasdaq-futures-diverge-ahead-of-sk-hynix-s-mega.txt", "jsonld": "https://wpnews.pro/news/stock-market-today-dow-s-p-500-nasdaq-futures-diverge-ahead-of-sk-hynix-s-mega.jsonld"}}