EL7.AI
StocksUpdated•Originally published 2 July 2026•Updated 3 July 2026•
2 min read

Mixed US Futures as Meta's AI Delays and Trump's Iran Comments Shift Market Sentiment

Key Facts

1U.S. stock futures were mixed on Thursday, with Dow Jones and S&P 500 rising while Nasdaq 100 fell.
2Trump stated that Iran's 'denuclearization' is going well.

U.S. stock futures exhibited mixed performance on Thursday morning as tech sector optimism faced a reality check from corporate leadership. Mark Zuckerberg admitted that Meta's AI agent development has not met initial expectations, a statement that weighed on Nasdaq 100 futures. Conversely, sentiment in the broader market was buoyed by President Trump's comments regarding progress in Iran's denuclearization, providing a geopolitical cushion for Dow Jones and S&P 500 futures.

The admission of slower AI progress at Meta adds a layer of caution to the semiconductor space; Micron (MU) closed at $1,032.28 on July 1, 2026, failing to sustain its daily high of $1,097 per market data. While Nvidia's recent performance continues to anchor the AI narrative, peers like CoreWeave (CRWV) are seeing increased scrutiny, finishing at $85.69 as investors reassess the timeline for AI-driven revenue growth across the industry.

Investors are now focusing on technical stability, with NBIS holding near $229.18 (close July 1, 2026) after testing a low of $228.17. Looking ahead, the economic calendar points to Japanese Retail Sales on June 28 and Spanish Inflation data on June 29 as key catalysts. These releases will be essential for traders evaluating whether macroeconomic pressures will compound the current volatility in high-growth tech valuations.