On July 19, 2022, stock futures remained relatively stagnant in after-hours trading following a turbulent start to the week for the S&P 500. Despite slight dips in S&P 500 and Nasdaq 100 futures, Dow Jones Industrial Average futures fell by 0.1%. After-hours trading saw FedEx surge 14% and Rivian Automotive rise by 48% due to positive adjusted earnings and a $5 billion investment from Volkswagen Group, respectively. The market's rebound was primarily driven by a bounce in Nvidia shares, with the Dow lagging behind. Concerns were raised over the market's heavy reliance on Nvidia, calling for a broader rally beyond large-cap tech stocks. Attention now turns to upcoming inflation data release and quarterly earnings reports from companies like General Mills and Micron Technology. Investors are hopeful for potential rate cuts as the Federal Reserve closely monitors inflation metrics.