US equity futures steady as Big Tech selloff eases and Brent crude slips below $100

After a bruising session, US equity futures found their footing. The stabilization came as the selloff in Big Tech names lost momentum, giving investors their first real exhale in what had been a tense stretch of trading. Brent crude falling below $100 per barrel is the subplot worth watching. Oil crossing below a major psychological threshold tends to signal one of two things: demand worries, or a genuine easing of the supply crunch that has kept energy prices elevated. What actually happened The day prior saw a sharp one-day drop across US equities, with Big Tech bearing the brunt of the selling pressure. By July 24, 2026, futures had stabilized, suggesting the panic was at least temporarily exhausted. Brent crude dipping below $100 adds a macro layer to an already complicated picture. Energy prices feed directly into inflation data, which feeds directly into central bank policy decisions, which feed directly into how risky assets are priced. Why this matters beyond traditional markets Brent crude falling below $100 carries its own relevance to energy-intensive industries. Elevated energy prices have historically been a headwind for Bitcoin mining economics, since electricity cos...