US Stock Market Today S&P 500 Futures Inch Higher As Inflation Worries Ease

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The Morning Bull – US Market Morning Update Thursday, May, 7 2026

US stock futures are slightly higher this morning, with E-mini S&P 500 contracts up about 0.1%, as investors balance cooler bond markets, cheaper oil, and fresh US jobs data. The US 10 year Treasury yield is holding near 4.35%, which means borrowing costs for mortgages and companies remain relatively elevated but are not climbing further for now. Hopes of a US Iran peace deal are pulling oil prices lower and easing some inflation worries, a key watchpoint for transport, airlines, and consumer focused stocks. At the same time, ADP shows 109,000 new private sector jobs in April 2026, the strongest reading since January 2025, which hints at a jobs market that is still adding workers. The big question for investors is whether this mix of steady hiring and softer inflation pressures keeps the pressure on interest rate sensitive areas like banks and real estate or continues to favor growth heavy sectors such as technology and smaller company indexes.

With growth stocks back in focus and rates still elevated, consider zeroing in on 74 resilient stocks with low risk scores before volatility picks up again.

Top Movers

  • Flex (FLEX) surged 39.69% after fourth quarter results and a supportive TD Cowen read through.

  • Super Micro Computer (SMCI) jumped 24.54% on strong quarterly results and multiple analyst price target increases and an upgrade.

  • Advanced Micro Devices (AMD) climbed 18.61% following strong quarterly results and a wave of analyst upgrades and target hikes.

Is Advanced Micro Devices still a smart investment or just hype? Read our most popular narrative and get all the answers you need.

FLEX 1-Year Stock Price Chart

Top Losers

  • Cencora (COR) fell 17.38% after reporting quarterly results, despite higher sales and net income figures.

  • Coupang (CPNG) declined 13.82% following earnings that swung from profit to loss and fresh analyst downgrades.

  • Arista Networks (ANET) dropped 13.61% even after reporting higher quarterly revenue, net income and multiple analyst target changes.

For a wider view of stocks with resilient profiles and lower risk scores, review the 74 resilient stocks with low risk scores.

Look past the noise – uncover the top narrative that explains what truly matters for Cencora’s long-term success.

COR 1-Year Stock Price Chart
COR 1-Year Stock Price Chart

On The Radar

Earnings from growth focused tech and travel stocks, along with shifting rate expectations in Europe, are in focus.

  • Software and AI: Datadog (DDOG) reports Q1 today, with cloud spending trends and cost discipline under the microscope.

  • Payments and fintech: Block (SQ) and Affirm (AFRM) report today, offering insight into consumer spending and credit risk.

  • Travel platforms: Airbnb (ABNB), Expedia Group (EXPE) and Cloudflare (NET) today highlight travel demand and online activity.

  • Commodities and logistics: Cheniere Energy (LNG), Targa Resources (TRGP) and United Parcel Service (UPS) today provide context on energy flows and freight volumes.

  • Rates: ECB Cipollone speech on Sunday may clarify how euro area policymakers view the recent easing in hike expectations.

Use our Portfolio or Watchlist features to track market-moving events like these and get alerts for the companies you own, free!

Find Stocks Poised To Move

When headlines focus on the usual tech giants, it can be easy to miss quieter opportunities, so do not wait to skim through the screener containing 23 high quality undiscovered gems

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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