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Tadawul Shares Close Tuesday Higher; Saudi Arabia's Exports, Imports Decline in June

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The Tadawul All Share Index ended the Tuesday session 0.51% in the green as market watchers assessed Saudi Arabia's latest trade data.

According to the General Authority for Statistics, Saudi Arabia's merchandise exports for the second quarter rose 4.1% year over year. Imports, meanwhile, decreased 5.2% year over year.

For June, the kingdom's merchandise exports were down 4.5% annually, while imports fell 3% year over year. The June report confirmed that China was the country's main merchandise source during the period.

"'Plastic, rubber, and their articles' were among the most important nonoil export goods, accounting for 20.7% of the total non-oil exports and decreasing by 12.8% compared to June 2025," the report said. "On the import side, the most important, imported goods were 'machinery, electrical equipment and parts,' which accounted for 25.7% of total imports and decreased by 20.4% compared to June 2025, followed by 'chemical products and allied industries,' which accounted for 11.2% of total imports and increased by 30.5% compared to the same period of the previous year."

Also making headlines during the session is Iran's warning regarding countering the sanctions the US placed on the Middle Eastern country. Iranian Economy Minister Ali Madanizadeh noted that the country was "fully prepared" with a two-year plan for the situation.

Back at home and on the corporate front, National Agricultural Development Co. (SASE:6010), d/b/a Nadec, shares closed 2.39% in the green as it agreed to buy a high-tech greenhouse facility from Pure Harvest Smart Agricultural Farms SP.

Meanwhile, Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, entered into multiple deals with French companies. The agreements include drilling equipment procurement, technology partnerships, oil country tubular goods purchases, among others. Shares of the oil giant ticked down 0.98% at closing.

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Update: US Equity Indexes Mixed as Chipmakers Push Technology Lower, Bessent Unveils Plans to Choke Iran's Economy

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Update: US Equity Indexes Mixed as Investors Await Iran Sanctions While Chipmakers Push Technology Lower

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Exchange-Traded Funds Fall, US Equities Mixed After Midday

Broad Market IndicatorsBroad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) eased 0.7%.US equity indexes traded mixed as mega-cap semiconductor names pushed technology to the bottom of sector charts.EnergyIShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each lost 1.3%.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) fell 1.5%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) also declined.The State Street SPDR S&P Semiconductor (XSD) shed 3.2%, while iShares Semiconductor (SOXX) eased 2.7%.FinancialThe State Street Financial Select Sector SPDR (XLF) added 1%. Direxion Daily Financial Bull 3X Shares (FAS) advanced 2.8%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), declined 2.8%.CommoditiesCrude oil eased 2%, and the United States Oil Fund (USO) lost 1.5%. Natural gas gained 0.1%, and the United States Natural Gas Fund (UNG) climbed 1.6%.Gold on Comex rose 0.8%, and the State Street SPDR Gold Shares (GLD) gained 0.8%. Silver slipped 1%, and iShares Silver Trust (SLV) fell 0.9%.ConsumerThe State Street Consumer Staples Select Sector SPDR (XLP) rose 1.4%. The Vanguard Consumer Staples ETF (VDC) added 1.4%, while iShares Dow Jones US Consumer Goods (IYK) gained 0.9%.The State Street Consumer Discretionary Select Sector SPDR (XLY) rose 0.4%. VanEck Retail ETF (RTH) added 0.9%, and the State Street SPDR S&P Retail (XRT) gained 1%.HealthcareThe State Street Health Care Select Sector SPDR (XLV) fell 0.2%. iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were also lower. IShares Biotechnology ETF (IBB) shed 0.9%.IndustrialThe State Street Industrial Select Sector SPDR (XLI) dipped 0.9%. Vanguard Industrials Index Fund (VIS) and iShares US Industrials (IYJ) were also in the red.CryptocurrencyIn midday activity, bitcoin (BTC-USD) added 2.1%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) gained 2.6%, ProShares Ether ETF (EETH) was up 2.5%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) climbed 3.3%.

Dow Jones^EEM^EXI^FAS^FAZ^GLD^IBB^IGM^IGV^IPK^IVV^IWMNasdaq Composite^IYE^IYH^IYJ^IYK^IYW^PMR^QQQ^RTH^SOXXS&P 500^SPY^UNG^USO^VDC^VHT^VIS^XLE^XLF^XLI^XLK^XLP^XLV^XRT^XSD$BETH$BITO$EETH