---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000770592.md"
description: "U.S. stocks were poised to open July cautiously (SPX -0.3%, NDX -0.6%) as investors await Fed Chair Kevin Warsh’s comments today at the ECB forum in Portugal for rate path clues amid rising price pressures and a strengthening economy. Brent crude -1%, 10yr yields -0.6bp to 4.46%, gold/silver were lower. S&P 2026 EPS estimates have risen to $342 (+23% YoY), implying a 21.8x P/E. $Tesla(TSLA.US) likely to beat WS 2Q delivery estimates tomorrow. We remain cautious on TSLA long-term due to declining earnings estimates, increased competition in unsupervised autonomy, and an extended valuation.  $Nike(NKE.US) fell 3.4% pre-mkt after management again reduced 2027 rev guidance.  The June U.S. employment report will be posted tomorrow before the market opens (+120K exp)."
datetime: "2026-07-01T09:25:40.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000770592.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000770592.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000770592.md)
author: "[Gary Black Tracker](https://longbridge.com/en/profiles/17077344.md)"
generator: "portal-rs"
---

# U.S. stocks were poised to open July cautiously (S…


### Related Stocks

- [SCO.US](https://longbridge.com/en/quote/SCO.US.md)
- [UCO.US](https://longbridge.com/en/quote/UCO.US.md)
- [WTID.US](https://longbridge.com/en/quote/WTID.US.md)
- [GOLD.US](https://longbridge.com/en/quote/GOLD.US.md)
- [NKE.US](https://longbridge.com/en/quote/NKE.US.md)
- [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md)
- [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md)
- [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**