FINWIRES · TerminalLIVE
FINWIRES

S&P 500 Index

S&P 500
IndexIndex

1,496 stories mentioning S&P 500 IndexUpdated 3h ago

Rose with other US benchmarks as a US-Iran peace framework to reopen the Strait of Hormuz pushed crude oil prices lower.

What's the latest news on S&P 500 Index?

Asia Markets

Exchange-Traded Funds, Equity Futures Lower Pre-Bell Thursday Amid Major Tech Stocks Sell-Off

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.6%, and the actively traded Invesco QQQ Trust (QQQ) retreated 0.9% in Thursday's premarket activity, as a selloff in major technology stocks follows corporate earnings.US stock futures were also lower, with S&P 500 Index futures down 0.3%, Dow Jones Industrial Average futures slipping 0.3%, and Nasdaq futures retreating 0.3% before the start of regular trading.US initial jobless claims decreased to a level of 187,000 in the employment survey week ended July 18, the lowest level since 1969, from an upwardly revised 209,000 level in the previous week, compared with expectations for an increase to 210,000 in a survey of analysts compiled by Bloomberg.Weekly natural gas stocks are due to be released at 10:30 am ET, followed by the Kansas City Fed's manufacturing index for July at 11:00 am ET.In premarket action, bitcoin was down by 0.7%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.9% lower, Ether ETF (EETH) retreated 0.04%, and Bitcoin & Ether Market Cap Weight ETF (BETH) declined by 0.02.Power Play:TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 0.7%, the iShares US Technology ETF (IYW) was 1.1% lower, and the iShares Expanded Tech Sector ETF (IGM) was down 0.4%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) was up 0.1%, while the iShares Semiconductor ETF (SOXX) fell by 1.9%.STMicroelectronics (STM) shares were down more than 13% in premarket activity even after the company reported higher Q2 non-GAAP earnings and revenue.Winners and Losers:ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was down 0.4%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was up 1.3%, and the iShares US Consumer Staples ETF (IYK) was inactive. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 1.8%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was 1.2% lower.Tesla (TSLA) shares fell more than 7% pre-bell after the electric vehicle manufacturer reported an unexpected year-over-year decline in its Q2 earnings, weighed down by higher operating expenses related to research and development and artificial intelligence initiatives.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) was down 0.3%. Direxion Daily Financial Bull 3X Shares (FAS) was down 0.7%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.4% higher.Ameriprise Financial (AMP) shares traded up 2% in early-hours activity after the company reported higher Q2 adjusted earnings and revenue.EnergyThe iShares US Energy ETF (IYE) rose 1.2%, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 1.8%.TotalEnergies (TTE) stock was up more than 2% before market open after the company reported higher Q2 adjusted earnings and revenue.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.1%, the Vanguard Industrials Index Fund (VIS) was 0.04% lower, and the iShares US Industrials ETF (IYJ) was up 1%.Union Pacific Railroad (UNP) and Canadian National Railway (CNI) shares rose more than 1% before the opening bell after the companies signed a binding memorandum of understanding establishing a framework for CN to secure competitive access in connection with the proposed merger between Union Pacific and Norfolk Southern (NSC). Norfolk Southern shares were 0.7% lower.Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.2%, the Vanguard Health Care Index Fund (VHT) was up 0.1%, while the iShares US Healthcare ETF (IYH) slipped 0.4%. The iShares Biotechnology ETF (IBB) was 0.1% lower.AstraZeneca (AZN) stock was down more than 1% premarket following a 0.2% gain at the prior close. The company said that the European Commission approved its experimental drug, Etcamah, in combination with a CDK4/6 inhibitor, for adults with a type of breast cancer harboring an ESR1 mutation that emerges during first-line endocrine therapy, after the Phase 3 SERENA-6 trial met its primary endpoint.CommoditiesFront-month US West Texas Intermediate crude oil advanced by 4.3% to $90.56 per barrel on the New York Mercantile Exchange. Natural gas was up by 1.1% to $2.96 per 1 million British Thermal Units. The United States Oil Fund (USO) was up 4.8%, while the United States Natural Gas Fund (UNG) was 1.8% higher.Gold futures for July retreated 1.5% to $4,087.80 an ounce on the Comex. Silver futures were down 2.5% to $58.81 an ounce. SPDR Gold Shares (GLD) decreased 1.7%, and the iShares Silver Trust (SLV) was 3% lower.

Dow JonesNasdaq CompositeS&P 500$AMP$AZN$BETH$BITO$CNI$EEM$EETH$EXI$FAS$FAZ$GLD$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$NSC$PMR$QQQ$RTH$SLV$SOXX$SPY$STM$TSLA$TTE$UNG$UNP$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Asia Markets

Update: US Equity Futures Drop Pre-Bell as Mid-East Conflict Expands to Potentially Include Red Sea

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock movements.)US equity futures were lower pre-bell Thursday as traders considered the possibility of the Middle East conflict spreading to a new front in the Red Sea, lifting oil prices closer to the $100 mark.Dow Jones Industrial Average futures were 0.6% lower, S&P 500 futures were down 0.8%, and Nasdaq futures were 1.1% lower.The US launched attacks on Iran for the 12th consecutive day, US Central Command said in a post on X. Iran-backed Houthis in Yemen have claimed they attacked two Saudi Arabian oil tankers in the Red Sea for allegedly violating their announced blockade, in a potential new front for the war, according to multiple media reports.Alphabet's (GOOG, GOOGL) Google posted higher earnings and revenue for Q2, but the company's stock dropped 5% in premarket activity as it increased its forecasted capital expenditures to as high as $205 billion.Intel (INTC) is is expected to report its Q2 earnings after the market closes. Analysts polled by FactSet expect earnings of $0.22 per share on revenue of $14.44 billion.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 5.5% at $99.27 per barrel and US West Texas Intermediate crude 4.3% higher at $90.55 per barrel.Initial jobless claims dropped to 187,000 in the week ended July 18 from 209,000 in the previous week, compared with expectations for an increase to 210,000 in a survey compiled by Bloomberg.In other world markets, Japan's Nikkei closed 0.5% higher, Hong Kong's Hang Seng ended 1.3% higher, and China's Shanghai Composite finished 0.3% higher. Meanwhile, the UK's FTSE 100 was down 0.5%, and Germany's DAX index was 0.8% lower in Europe's early afternoon session.In equities, Tesla (TSLA) shares fell 7.6% after the company reported an unexpected year-over-year decline in its Q2 earnings and missing analysts' consensus estimates. T-Mobile US (TMUS) stock was down 5.7% after the company posted lower-than expected Q2 revenue. Texas Instruments (TXN) shares were 4.7% lower despite the company reporting higher Q2 earnings and revenue.On the winning side, RTX (RTX) stock was up 5.9% after the company surpassed consensus estimates for Q2 adjusted earnings and net sales. Thermo Fisher Scientific (TMO) shares rose 5% after the company reported better-than-expected fiscal Q2 adjusted earnings and revenue. Lockheed Martin (LMT) stock was 4.9% higher after the company posted a Q2 beat for earnings and sales, as well as increased its 2026 EPS outlook.

Dow JonesNasdaq CompositeS&P 500$GOOG$GOOGL$INTC$LMT$RTX$TMO$TMUS$TSLA$TXN
Japan

US Equity Futures Drop Pre-Bell as Mid-East Conflict Expands to Potentially Include Red Sea

US equity futures were lower pre-bell Thursday as the traders considered the possibility of the Middle East conflict spreading to a new front in the Red Sea, lifting oil prices closer to the $100 mark.Dow Jones Industrial Average futures were 0.6% lower, S&P 500 futures were down 0.6%, and Nasdaq futures were 0.9% lower.The US launched attacks on Iran for the 12th consecutive day, US Central Command said in a post on X. Iran-backed Houthis in Yemen have claimed they attacked two Saudi Arabian oil tankers in the Red Sea for allegedly violating their announced blockade, in a potential new front for the war, according to multiple media reports.Alphabet's (GOOG, GOOGL) Google posted higher earnings and revenue for Q2, but the company's stock dropped 4.7% in premarket activity as it increased its forecasted capital expenditures to as high as $205 billion.Intel (INTC) is is expected to report its Q2 earnings after the market closes. Analysts polled by FactSet expect earnings of $0.22 per share on revenue of $14.44 billion.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 4.9% at $98.64 per barrel and US West Texas Intermediate crude 4.5% higher at $90.69 per barrel.The weekly jobless claims bulletin, scheduled for release at 8:30 am ET, is expected to show 210,000 new unemployment claims for the week ended July 18, up from 208,000 in the prior week, according to estimates compiled by Bloomberg.

Dow JonesNasdaq CompositeS&P 500$GOOG$GOOGL$INTC
Stocks Fall Pre-Bell Amid Rising Middle East Tensions; Traders Parse Alphabet, Tesla Results
US Markets

Stocks Fall Pre-Bell Amid Rising Middle East Tensions; Traders Parse Alphabet, Tesla Results

US equity markets were tracking in the red before the opening bell Thursday and oil prices rose amid escalating tensions in the Middle East, while investors digest the latest financial results of Alphabet (GOOG, GOOGL) and Tesla (TSLA).The S&P 500 and the Dow Jones Industrial Average declined 0.2% each in premarket activity, while the Nasdaq was off 0.3%. The indexes ended the previous trading session mostly down.The Iran-backed Houthi militants in Yemen reportedly claimed attacks on two Saudi Arabian oil tankers in the Red Sea on Wednesday, raising concerns that the conflict could spread to a new front in the Middle East, CNBC reported. The UK Maritime Trade Operations said Wednesday that an "unknown projectile" struck a Saudi Arabian oil tanker around 70 nautical miles southwest of Al Shuqaiq, Saudi Arabia.West Texas Intermediate crude oil climbed 3.7% to $89.99 a barrel before the open, while Brent increased 4.4% to $98.18.The US Central Command said Wednesday its forces struck Iran for the 12th consecutive night. In a social media post, President Donald Trump vowed to destroy an Iranian bridge or power plant every time Tehran attacks ships in the Strait of Hormuz.Iran's Islamic Revolutionary Guard Corps said it hit Jordan's King Faisal and Prince Hassan bases with missiles and drones, claiming to have targeted US military equipment in response to recent American strikes, CNN reported Wednesday.Treasury yields were trending higher in premarket action, with the two-year rate rising 1.3 basis points to 4.32% and the 10-year rate adding 1.8 basis points to 4.68%.Alphabet's (GOOG, GOOGL) class A and C shares were down roughly 4% each pre-bell after the Google parent announced in its second-quarter results that its capital expenditure doubled year over year. Tesla's stock dropped 5.9% as the electric vehicle manufacturer recorded an unexpected year-over-year decrease in its second-quarter earnings amid higher expenses related to research and development and artificial intelligence initiatives.ServiceNow (NOW) jumped 7.6% while IBM (IBM) edged down 0.6% early Thursday following their latest financial results.T-Mobile US (TMUS), Thermo Fisher Scientific (TMO), Union Pacific (UNP), Lockheed Martin (LMT), Blackstone (BX), Comcast (CMCSA) and Honeywell International (HON) are scheduled to release their quarterly earnings before the bell, among others. Intel (INTC) and Deckers Outdoor (DECK) are due to announce their results after the markets close.Thursday's economic calendar has the weekly jobless claims bulletin at 8:30 am ET, along with the Chicago Fed national activity index for June. The Kansas City Fed manufacturing index follows at 11 am.Gold fell 1.5% to $4,092 per troy ounce, while bitcoin slipped 0.2% to $65,732.

Dow JonesNasdaq CompositeS&P 500$BX$CMCSA$DECK$GOOG$GOOGL$HON$IBM$INTC$LMT$NOW$TMO$TMUS$TSLA$UNP
Asia Markets

Heavy AI Expenses Weigh on Wall Street Pre-Bell; Asia Up, Europe Off

Wall Street futures pointed moderately lower pre-bell Thursday on refreshed concerns that the AI-related capital spending tsunami could undercut profits in the tech sector.Alphabet (GOOG, GOOGL) fell 3.8% pre-bell after the Google parent overnight reported strong Q2 results, but also up to $205 billion of planned AI-related capital outlays this year.In the futures, the S&P 500 fell 0.2%, the Nasdaq declined 0.3%, and the Dow Jones was off 0.3%.Traders also mulled West Texas Intermediate crude oil prices, up 4.2% to $90.49 in morning hours, due in part to ongoing Persian Gulf hostilities.Asian exchanges traded mostly higher overnight on strength in semiconductor shares. European bourses tracked moderately lower midday on the continent.Tesla (TSLA) traded down 5.7% pre-bell after the EV maker reported Q2 earnings that missed expectations, and noted heavy capital outlays, late Wednesday.Lockheed Martin (LMT) gained 6.6% pre-bell after the defense giant reported Q2 earnings and revenue above outlooks, and boosted guidance, before the market open.On the economic calendar is the weekly jobless claims report at 8:30 am ET, along with the Chicago Fed National Activity Index for June.The weekly EIA natural gas report logs at 10:30 am, and the Kansas City Fed Manufacturing Index for July at 11 am.In premarket action, Bitcoin traded at $65,735, and 10-year US Treasuries offered 4.67%. Spot gold commanded $4,088 an ounce.

Dow JonesNasdaq CompositeS&P 500
Asia Markets

Update: US Equity Indexes Fall as Treasury Yields, Crude Oil Gains Reflect Concern Over Widening Disruption to Energy Supplies

(Updates with index/price moves and company/geopolitical news from the first paragraph.)US equity indexes fell on Wednesday as government bond yields followed crude oil prices higher amid concern that disruption to energy supplies is likely to both extend and expand in the Middle East.The Nasdaq Composite declined 0.6% to 25,690.90, with the S&P 500 down 0.1% to 7,498.96, while the Dow Jones Industrial Average leaned slightly lower to 52,218.58. Communication services and consumer discretionary led decliners while utilities and energy topped the gainers.Alphabet (GOOG, GOOGL) and Tesla (TSLA), both a part of the so-called Magnificent-7 group of stocks with a significant index sway, reported after the bell on Wednesday.Alphabet reported Q2 earnings of $9.11 per diluted share, up from $2.31 a year earlier. Analysts polled by FactSet expected $2.88. Revenue for the three months ended June 30 was $119.80 billion, up from $96.43 billion a year earlier. Analysts expected $117.06 billion.Tesla reported Q2 adjusted earnings of $0.33 per diluted share, versus $0.40 a year ago. Analysts polled by FactSet expected $0.53. Sales for the quarter were $28.24 billion, up from $22.50 billion a year earlier. Analysts expected $26.42 billion.In geopolitical news, the US plans to destroy an Iranian bridge or power plant, including those in and around Tehran, every time it attacks ships in the Strait of Hormuz, President Donald Trump said in a social media post on Wednesday. US Central Command has struck Iran for 11 consecutive nights to degrade the Iran Revolutionary Guards Corps' ability to attack maritime traffic in the chokepoint to about a fifth of global crude oil and gas flows.Meanwhile, seven tankers have changed course in the Red Sea to avoid the Bab el-Mandeb Strait since the Houthis' threat on Tuesday to block Saudi oil exports, Reuters reported. The Iran-aligned Houthis have reportedly completed preparations to target vessels near the Bab el-Mandeb Strait, which connects the Red Sea to the Gulf of Aden and Arabian Sea. The Bab el-Mandeb Strait is an alternative route to the Strait of Hormuz, which remains effectively closed due to tensions between the US and Iran."Any aggression against Iran, including our infrastructure, will compel a powerful and decisive response," Iran's Foreign Minister Abbas Araghchi posted on X, formerly Twitter, on Wednesday. "Those who contribute to such aggression, whatever the kind of support, will also be considered as legitimate targets."The front-month US West Texas Intermediate climbed 2.5% to $86.41 a barrel, and global benchmark North Sea Brent jumped 3% to $93.75 a barrel.US Treasury yields rose, extending gains from Tuesday. The 10-year marched 3.1 basis points higher to 4.66%, its strongest level in a month. The two-year jumped 4.3 basis points to 4.3% after yields hit the highest in 52 weeks.Markets are pricing in a more hawkish path for central banks, with yields moving higher around the world as a result, a Deutsche Bank note said, referring to the recent moves in real yields.Next week, the probability of the Federal Reserve leaving its policy unchanged for July slumped to 66% from 89% a week ago, the CME FedWatch tool showed Wednesday. The likelihood of a pause continuing across September, October, and December also declined.In precious metal markets, gold futures jumped 1.5% to $4,136.1, and silver futures advanced 1.5% to $59.98.

Dow JonesNasdaq CompositeS&P 500$GOOG$GOOGL$TSLA
Update: Equities Mostly Lower as Oil Prices Extend Rally
US Markets

Update: Equities Mostly Lower as Oil Prices Extend Rally

(Updates with market moves at the end of the day.)US equity benchmarks ended mostly lower Wednesday ahead of key earnings releases, while oil prices headed for their fourth consecutive day of gains.The Nasdaq Composite fell 0.6% to 25,690.90, while the S&P 500 edged down 0.1% to 7,498.96. The Dow Jones Industrial Average was little changed at 52,218.58. Among sectors, communication services led the laggards, while utilities paced the gainers.Google parent Alphabet (GOOG, GOOGL) and electric vehicle manufacturer Tesla (TSLA) released their quarterly earnings after the closing bell.Texas Instruments (TXN), IBM (IBM), ServiceNow (NOW) and CSX (CSX) were also scheduled to release their results after market close.West Texas Intermediate crude oil was up 2.5% at $86.41 a barrel in Wednesday late-afternoon trade, while Brent advanced 3% to $93.76. Brent briefly traded above $95 earlier Wednesday amid escalating tensions between the US and Iran.In a social media post Wednesday, US President Donald Trump vowed to destroy an Iranian bridge or power plant every time Tehran attacks ships in the Strait of Hormuz.Iran's Islamic Revolutionary Guard Corps said it hit Jordan's King Faisal and Prince Hassan bases with missiles and drones, claiming to have targeted US military equipment in response to recent American strikes, CNN reported. The US Central Command said Tuesday it struck Iran for the 11th consecutive evening.More tankers changed course in the Red Sea Wednesday following threats by Yemen's Iran-aligned Houthis to attack vessels using Saudi Arabian ports, BBC and Reuters reported.Treasury yields were higher, with the two-year rate up 4.5 basis points at 4.31% and the 10-year rate rising 3.3 basis points to 4.66%.In corporate news, shares of Super Micro Computer (SMCI) jumped nearly 20%, the best performer on the S&P 500. The company said in a preliminary business update late Tuesday that it received more than $60 billion in new orders during its fiscal fourth quarter. It raised the gross margin outlook for the period.Alaska Air (ALK) fell 2.4% as the airline late Tuesday issued a downbeat third-quarter earnings outlook and swung to a second-quarter loss.Gold was up 1.5% at $4,135.60 per troy ounce, while silver gained 1.4% to $59.92 per ounce.

Dow JonesNasdaq CompositeS&P 500$ALK$CSX$GOOG$GOOGL$IBM$NOW$SMCI$TSLA$TXN
Japan

US Equity Markets Close Lower as Escalating Middle East Tensions Lift Oil Prices

US equity indexes ended lower Wednesday as US-Iran tensions continued to escalate, boosting crude oil prices.* The US will destroy an Iranian bridge or power plant, including those in and around Tehran, every time it attacks ships in the Strait of Hormuz, President Donald Trump said in a social media post. In a post on X, Iran's Foreign Minister Abbas Araghchi said, "Our defense doctrine is clear: eye for an eye."* The probability of the Federal Reserve raising the policy rate for July increased to 33.7% from 10.7% a week ago, according to the CME FedWatch tool.* August West Texas Intermediate crude oil rose $2.24 to settle at $86.62 per barrel, while September Brent crude, the global benchmark, was last seen up $2.88 at $93.92.* Super Micro Computer (SMCI) shares rose 20%, the top gainer on the S&P 500, a day after the company said it expects fiscal Q4 GAAP and non-GAAP gross margins in the range of 15% to 17%, above its 8.2% to 8.4% forecast.* Space Exploration Technologies' (SPCX) SpaceXAI unit is exploring several potential sites in Texas for at least one new large-scale data center, The Information reported. The stock fell 6.7%, the biggest drop on the Nasdaq.

Dow JonesNasdaq CompositeS&P 500$SMCI$SPCX
Japan

Update: US Equity Indexes Mixed as Crude Oil Jumps While Investors Await Alphabet, Tesla's Earnings

(Updates with index/price moves and company/geopolitical news from the first paragraph.)US equity indexes traded mixed as government bond yields followed crude oil prices higher and investors awaited quarterly results from mega-caps Alphabet (GOOG, GOOGL) and Tesla (TSLA).The Nasdaq Composite fell 0.3% to 25,756.3 ahead of Wednesday's close. The S&P 500 slipped less than 0.1% to 7,507.8, while the Dow Jones Industrial Average leaned slightly higher to 52,254.6.Alphabet and Tesla, both a part of the so-called Magnificent-7 group of stocks with a significant index sway, will report after the bell on Wednesday.In geopolitical news, the US will destroy an Iranian bridge or power plant, including those in and around Tehran, every time it attacks ships in the Strait of Hormuz, President Donald Trump said in a social media post on Wednesday.Iran's Foreign Minister Abbas Araghchi posted on X, formerly Twitter, saying "our defense doctrine is clear: eye for an eye.""Any aggression against Iran, including our infrastructure, will compel a powerful and decisive response," he posted on Wednesday. "Those who contribute to such aggression, whatever the kind of support, will also be considered as legitimate targets."Seven tankers have changed course in the Red Sea to avoid the Bab el-Mandeb Strait since the Houthis' threat on Tuesday to block Saudi oil exports, Reuters reported. The Iran-aligned Houthis have reportedly completed preparations to target vessels near the Bab el-Mandeb Strait, which connects the Red Sea to the Gulf of Aden and Arabian Sea. The Bab el-Mandeb Strait is an alternative route to the Strait of Hormuz, which remains effectively closed due to tensions between the US and Iran.The front-month US West Texas Intermediate climbed 3.1% to $86.97 a barrel, and global benchmark North Sea Brent jumped 3.5% to $94.22 a barrel.US Treasury yields rose, extending gains from Tuesday. The 10-year marched 3.1 basis points higher to 4.66%, its strongest level in a month. The two-year jumped 4.1 basis points to 4.3% after yields hit the highest in 52 weeks.

Dow JonesNasdaq CompositeS&P 500$GOOG$GOOGL$TSLA
Update: Equities Mixed Intraday as Traders Await Alphabet, Tesla Results
US Markets

Update: Equities Mixed Intraday as Traders Await Alphabet, Tesla Results

(Updates with latest market prices and developments.)US benchmark equity indexes were mixed intraday ahead of earnings releases from technology giants Alphabet (GOOG, GOOGL) and Tesla (TSLA), while oil prices advanced further.The Dow Jones Industrial Average was up 0.3% at 52,372.4 after midday Wednesday, while the S&P 500 edged up 0.2% to 7,520.4. The Nasdaq Composite ticked down 0.1% to 25,812.3. Among sectors, utilities paced the gainers, while consumer discretionary saw the steepest decline.Google parent Alphabet and electric vehicle manufacturer Tesla are scheduled to report their quarterly earnings after the markets close, along with Texas Instruments (TXN), IBM (IBM), ServiceNow (NOW) and CSX (CSX).West Texas Intermediate crude oil was up 2.4% at $86.32 a barrel intraday, while Brent advanced 2.7% to $93.47. Both benchmarks were on track for their fourth consecutive day of gains, with Brent briefly trading above $95 earlier Wednesday amid escalating tensions between the US and Iran.In a social media post Wednesday, US President Donald Trump vowed to destroy an Iranian bridge or power plant every time Tehran attacks ships in the Strait of Hormuz.Iran's Islamic Revolutionary Guard Corps said it hit Jordan's King Faisal and Prince Hassan bases with missiles and drones, claiming to have targeted US military equipment in response to recent American strikes, CNN reported. The US Central Command said Tuesday it struck Iran for the 11th consecutive evening.Four more tankers changed course in the Red Sea Wednesday following threats by Yemen's Iran-aligned Houthis to attack vessels using Saudi Arabian ports, Reuters reported.Treasury yields were higher intraday, with the two-year rate up 3.7 basis points at 4.3% and the 10-year rate rising 1.8 basis points to 4.65%.In corporate news, shares of Super Micro Computer (SMCI) jumped nearly 24% intraday, the best performer on the S&P 500. The company said in a preliminary business update late Tuesday that it received more than $60 billion in new orders during its fiscal fourth quarter. It raised the gross margin outlook for the period.Alaska Air (ALK) slumped 5.3% as the airline late Tuesday issued a downbeat third-quarter earnings outlook and swung to a second-quarter loss.Gold was up 1.8% at $4,151.20 per troy ounce, while silver gained 2% to $60.30 per ounce.

Dow JonesNasdaq CompositeS&P 500$ALK$CSX$GOOG$GOOGL$IBM$NOW$SMCI$TSLA$TXN
Asia Markets

Update: US Equity Indexes Mixed as Treasury Yields Jump With Crude Oil Amid Red Sea Chokepoint Disruption

(Updates with index/price moves and company/geopolitical news from the first paragraph.)US equity indexes traded mixed as government bond yields followed crude oil prices higher amid worsening Iran geopolitics and a disruption of maritime traffic in the Red Sea chokepoint.The Nasdaq Composite slipped less than 0.1% to 25,826.1 after midday Wednesday. The S&P 500 rose 0.1% to 7,519.5, and the Dow Jones Industrial Average climbed 0.3% to 52,369.4.In geopolitical news, the US will destroy an Iranian bridge or power plant, including those in and around Tehran, every time it attacks ships in the Strait of Hormuz, President Donald Trump said in a social media post on Wednesday.Iran's Islamic Revolutionary Guard Corps said it hit Jordan's King Faisal and Prince Hassan bases with missiles and drones, claiming to target US military equipment in response to recent American strikes, CNN reported. The US Central Command said Tuesday it struck Iran for the 11th consecutive evening.Seven tankers have changed course in the Red Sea to avoid the Bab el-Mandeb Strait since the Houthis' threat on Tuesday to block Saudi oil exports, Reuters reported. The Iran-aligned Houthis have reportedly completed preparations to target vessels near the Bab el-Mandeb Strait, which connects the Red Sea to the Gulf of Aden and Arabian Sea. The Bab el-Mandeb Strait is an alternative route to the Strait of Hormuz, which remains effectively closed due to tensions between the US and Iran.The front-month US West Texas Intermediate climbed 2.4% to $86.40 a barrel, and global benchmark North Sea Brent jumped 2.8% to $93.52 a barrel.US Treasury yields rose, extending gains from Tuesday. The 10-year marched 1.8 basis points higher to 4.65%, its strongest level in a month. The two-year jumped 3.7 basis points to 4.3% after yields hit the highest in 52 weeks.Markets are pricing in a more hawkish path for central banks, with yields moving higher around the world as a result, Jim Reid, global head of macro and thematic research at Deutsche Bank, said in a note Wednesday, referring to the recent moves in real yields. The US 30-year real yield at over 1.0 basis point reached a post-2008 high on Tuesday, he added.Next week, the probability of the Federal Reserve leaving its policy unchanged for July slumped to 66% from 89% a week ago, the CME FedWatch tool showed Wednesday. The likelihood of a pause continuing across September, October, and December also declined. The possibility of a Fed rate increase had surged earlier this month following soft consumer and producer price inflation data.Alphabet (GOOG, GOOGL) and Tesla (TSLA) will report quarterly earnings after the bell on Wednesday.Shares of Super Micro Computer (SMCI) soared 24% after the company said it expects fiscal Q4 GAAP and non-GAAP gross margins in the range of 15% to 17%, significantly above its 8.2% to 8.4% forecast due to a favorable customer and product mix. The stock was the top gainer on the S&P 500.In precious metal markets, gold futures jumped 2% to $4,159.3, and silver futures advanced 2.6% to $60.64.

Dow JonesNasdaq CompositeS&P 500$GOOG$GOOGL$SMCI$TSLA
Asia Markets

Exchange-Traded Funds, US Equities Mixed After Midday

Broad Market IndicatorsBroad-market exchange-traded fund IWM fell and IVV rose. Actively traded Invesco QQQ Trust (QQQ) eased 0.1%.US equity indexes traded mixed ahead of quarterly earnings from Alphabet (GOOG, GOOGL) and Tesla (TSLA) and as government bond yields followed crude oil prices higher amid worsening Iran geopolitics.EnergyIShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each added about 1.2%.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) rose fractionally; iShares US Technology ETF (IYW) shed less than 0.1%, and iShares Expanded Tech Sector ETF (IGM) was down 0.1%.The State Street SPDR S&P Semiconductor (XSD) rose 1%, and iShares Semiconductor (SOXX) advanced 1%.FinancialThe State Street Financial Select Sector SPDR (XLF) shed 0.1%. Direxion Daily Financial Bull 3X Shares (FAS) declined 0.3%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), advanced 0.3%.CommoditiesCrude oil rose 2.6%, and the United States Oil Fund (USO) added 2.4%. Natural gas gained 1.9%, and the United States Natural Gas Fund (UNG) was up 2.1%.Gold on Comex added 1.8%, and the State Street SPDR Gold Shares (GLD) gained 1.4%. Silver was up 2%, and iShares Silver Trust (SLV) climbed 2%.ConsumerThe State Street Consumer Staples Select Sector SPDR (XLP) added 0.5%. The Vanguard Consumer Staples ETF (VDC) gained 0.4%, and iShares Dow Jones US Consumer Goods (IYK) was up 0.9%.The State Street Consumer Discretionary Select Sector SPDR (XLY) slipped 0.5%. VanEck Retail ETF (RTH) dipped 0.7%, and the State Street SPDR S&P Retail (XRT) was up 0.4%.HealthcareThe State Street Health Care Select Sector SPDR (XLV) shed 0.3% and iShares US Healthcare (IYH) eased 0.3%, and Vanguard Health Care ETF (VHT) fell 0.5%. IShares Biotechnology ETF (IBB) was down 0.8%.IndustrialThe State Street Industrial Select Sector SPDR (XLI) added 0.4%. Vanguard Industrials Index Fund (VIS) and iShares US Industrials (IYJ) were higher as well.CryptocurrencyIn midday activity, bitcoin (BTC-USD) dipped 0.7%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) fell 0.8%, ProShares Ether ETF (EETH) was up 1%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) was 0.1% higher.

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
Commodities

Exchange-Traded Funds, Equity Futures Lower Pre-Bell Wednesday Ahead of Major Tech Earnings

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) retreated 0.4%, and the actively traded Invesco QQQ Trust (QQQ) was down 1% in Wednesday's premarket activity, as investors awaited results from major technology companies.US stock futures were also lower, with S&P 500 Index futures up 0.4%, Dow Jones Industrial Average futures slipping 0.2%, and Nasdaq futures retreating 0.9% before the start of regular trading.Mortgage applications rose by 1.9% in the week ended July 17 despite an increase in 30-year fixed mortgage rates, according to Mortgage Bankers Association data released Wednesday.The weekly petroleum stocks data will be released at 10:30 am ET.In premarket action, bitcoin was down by 0.8%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.7% lower, Ether ETF (EETH) advanced 0.3%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was flat.Power Play:Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.1%, the Vanguard Health Care Index Fund (VHT) was up 1.3%, while the iShares US Healthcare ETF (IYH) slipped 0.6%. The iShares Biotechnology ETF (IBB) was 0.5% lower.Dyne Therapeutics (DYN) stock was down more than 8% premarket after the company priced an upsized secondary public offering of 18.3 million shares at $20.50 each.Winners and Losers:IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) retreated 0.7%, the Vanguard Industrials Index Fund (VIS) lost 0.01%, and the iShares US Industrials ETF (IYJ) was 0.5% higher.GE Vernova (GEV) stock was down more than 1% before the opening bell after the company reported lower-than-expected Q2 earnings.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.5%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was flat, and the iShares US Consumer Staples ETF (IYK) was down 0.7%. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.2%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was 0.6% higher.Cal-Maine Foods (CALM) shares were down more than 4% pre-bell after the company swung to a fiscal Q4 loss.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) advanced 0.04%. Direxion Daily Financial Bull 3X Shares (FAS) was down 0.1%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.1% lower.Banco Santander (SAN) shares traded up 1% in early-hours activity after the company reported higher Q2 earnings and revenue.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 1.3%, the iShares US Technology ETF (IYW) was 0.2% lower, and the iShares Expanded Tech Sector ETF (IGM) was up 0.8%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) fell by 1.8%, while the iShares Semiconductor ETF (SOXX) was down 2.8%.Nvidia (NVDA) shares were down more than 1% in premarket activity after gaining nearly 2% at the prior close. Chief Executive Jensen Huang is expected to meet Samsung Electronics Chairman Jay Lee, SK Group Chairman Chey Tae-won and Naver founder Lee Hae-jin in the US this week for an artificial intelligence roundtable, according to news reports.EnergyThe iShares US Energy ETF (IYE) was flat, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 1.1%.Shell (SHEL) stock was up more than 1% before market open following a 1.2% gain in the previous session. The company resumed operations at a 200,000-barrel-per-day crude oil unit at its Pernis oil refinery in the Netherlands on Monday following a brief disruption, Reuters reported Tuesday.CommoditiesFront-month US West Texas Intermediate crude oil advanced by 3.4% to $87.24 per barrel on the New York Mercantile Exchange. Natural gas was up by 1.7% to $2.91 per 1 million British Thermal Units. The United States Oil Fund (USO) was up 2.8%, while the United States Natural Gas Fund (UNG) was 1.1% higher.Gold futures for July advanced 1.3% to $4,128.70 an ounce on the Comex. Silver futures were up 0.9% to $59.64 an ounce. SPDR Gold Shares (GLD) increased 1.1%, and the iShares Silver Trust (SLV) was 1.4% higher.

Dow JonesNasdaq CompositeS&P 500$BETH$BITO$CALM$DYN$EEM$EETH$EXI$FAS$FAZ$GEV$GLD$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$NVDA$PMR$QQQ$RTH$SAN$SHEL$SLV$SOXX$SPY$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Asia Markets

Update: US Equity Futures Drop Pre-Bell as Oil Prices Jump Amid Lack of Progress in US-Iran Talks

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock movements.)US equity futures were lower pre-bell Wednesday as oil prices rose following US Secretary of State Marco Rubio's statement that Iran was not taking negotiations seriously.Dow Jones Industrial Average futures were 0.2% lower, S&P 500 futures were down 0.4%, and Nasdaq futures were 1% lower.US Central Command said in a post on X that it completed the 11th straight day of attacks against Iran, stating that the Strait of Hormuz "remains open for commercial vessel transit.""The problem we're having right now is that they're not serious about talks. If they're serious, we're serious. If they're not, then we will do what's necessary to protect our interests, and also the interests of our allies," Rubio said during the ASEAN Foreign Ministers' meeting in the Philippines, according to multiple media reports.Traders also took note of the latest round of earnings, with Philip Morris International (PM) reporting higher Q2 adjusted earnings and net revenue.Alphabet (GOOG, GOOGL) is expected to report its Q2 earnings after the market closes. Analysts polled by FactSet expect earnings of $2.88 per share on revenue of $117.06 billion.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 3.1% at $93.84 per barrel and US West Texas Intermediate crude 2.8% higher at $86.70 per barrel.The Atlanta Fed Business Inflation Expectations survey for July is expected at 10 am ET.In other world markets, Japan's Nikkei closed 0.2% lower, Hong Kong's Hang Seng ended 1% lower, and China's Shanghai Composite finished 0.1% higher. Meanwhile, the UK's FTSE 100 was up 1.5%, and Germany's DAX index was 0.3% higher in Europe's early afternoon session.In equities, Super Micro Computer (SMCI) stock was up 14% after the company said it expects fiscal Q4 gross margins of 15% to 17%, significantly above its 8.2% to 8.4% forecast due to a favorable customer and product mix. AT&T (T) shares rose 4.2% after the company reported better-than-expected Q2 adjusted earnings. Energy-related stocks rose along with oil prices, including Exxon Mobil (XOM), which was up 1%, and Chevron (CVX), which was 1% higher.On the losing side, Philip Morris shares were down 1.9% after the company issued lower-than-expected guidance for Q3. SK hynix (SKHY) stock was down 7.1% after a Korea JoongAng Daily report on Tuesday that the company is considering acquiring Intel's (INTC) semiconductor campus in New Albany, Ohio, which the South Korean chipmaker denied in a Korea Exchange filing. GE Vernova (GEV) shares fell 5.1% after the company posted a Q2 earnings miss.

Dow JonesNasdaq CompositeS&P 500$CVX$GEV$GOOG$GOOGL$INTC$PM$SKHY$SMCI$T$XOM
Japan

US Equity Futures Drop Pre-Bell as Oil Prices Jump Amid Lack of Progress in US-Iran Talks

US equity futures were lower pre-bell Wednesday as oil prices rose following US Secretary of State Marco Rubio's statement that Iran was not taking negotiations seriously.Dow Jones Industrial Average futures were 0.1% lower, S&P 500 futures were down 0.3%, and Nasdaq futures were 0.7% lower.US Central Command said in a post on X that it completed the 11th straight day of attacks against Iran, stating that the Strait of Hormuz "remains open for commercial vessel transit.""The problem we're having right now is that they're not serious about talks. If they're serious, we're serious. If they're not, then we will do what's necessary to protect our interests, and also the interests of our allies," Rubio said during the ASEAN Foreign Ministers' meeting in the Philippines, according to multiple media reports.Traders also took note of the latest round of earnings, with Philip Morris International (PM) reporting higher Q2 adjusted earnings and net revenue.Alphabet (GOOG, GOOGL) is expected to report its Q2 earnings after the market closes. Analysts polled by FactSet expect earnings of $2.88 per share on revenue of $117.06 billion.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 4.1% at $94.74 per barrel and US West Texas Intermediate crude 3.8% higher at $87.57 per barrel.The Atlanta Fed Business Inflation Expectations survey for July is expected at 10 am ET.

Dow JonesNasdaq CompositeS&P 500$GOOG$GOOGL$PM
Stocks Fall Pre-Bell Ahead of Alphabet, Tesla Earnings
US Markets

Stocks Fall Pre-Bell Ahead of Alphabet, Tesla Earnings

The main US stock measures were pointing lower in Wednesday's premarket activity as investors await the latest financial results of technology giants Alphabet (GOOG, GOOGL) and Tesla (TSLA) and monitor the ongoing Middle East conflict.The S&P 500 declined 0.3%, the Dow Jones Industrial Average edged down 0.1% and the Nasdaq was off 0.7% before the opening bell. The indexes ended Tuesday trading higher following a three-day slump.Google parent Alphabet and electric vehicle manufacturer Tesla are scheduled to report their quarterly earnings after the markets close, along with Texas Instruments (TXN), IBM (IBM), ServiceNow (NOW) and CSX (CSX).Philip Morris International (PM), GE Vernova (GE), AT&T (T), Northern Trust (NTRS) and RPM International (RPM) are expected to post their results before the bell, among others.West Texas Intermediate crude oil gained 4.2% to $87.91 a barrel in premarket action, while Brent increased 4.1% to $94.76.The US Central Command said Tuesday its forces completed another round of strikes against Iran as part of attempts to degrade its ability to threaten commercial ships in the Strait of Hormuz.At the ASEAN foreign ministers' meeting in the Philippines on Wednesday, US Secretary of State Marco Rubio accused Iran of not being serious about peace talks with the US, CNBC reported.Rubio reportedly said a key sticking point in talks with Iran was Tehran's demand for the right to control traffic through the Strait of Hormuz, arguing that allowing any country to control an international waterway would set a dangerous precedent.Treasury yields were mixed before the open, with the two-year rate down 0.1 basis points to 4.26% while the 10-year rate inclined 0.2 basis points to 4.63%.In a social media post on Tuesday, President Donald Trump said the import of all generic drugs into the US will be subject to zero tariffs for a two-year period, effective Aug. 1. Tariffs on the drugs would then rise to 100% for one year before increasing to 200% thereafter, according to Trump."This is done in order to reshore generic pharmaceutical production into America, with a penalty to those companies that decide not to build plant and equipment within the stated period of time given to them," Trump said.Wednesday's economic calendar has the weekly mortgage applications bulletin at 7 am ET, followed by the weekly EIA domestic petroleum inventories report at 10:30 am.Shares of Super Micro Computer (SMCI) jumped 17% before the bell after the company said it received more than $60 billion in new orders during its fiscal fourth quarter and raised its gross margin outlook. Dell Technologies gained 4.6% after closing the previous session up 6%.Alaska Air (ALK) decreased 1.3% as the airline issued a downbeat third-quarter earnings outlook and swung to a second-quarter loss. Rocket Lab (RKLB) advanced 4.5%.Gold traded up 1.2% at $4,124 per troy ounce, while bitcoin was down 0.7% at $65,922.

Dow JonesNasdaq CompositeS&P 500$ALK$CSX$DELL$GE$GOOG$GOOGL$IBM$NOW$NTRS$PM$RKLB$RPM$SMCI$T$TSLA$TXN
Asia Markets

Chip Caution, Oil Prices Dent Wall Street Pre-Bell; Asia Mixed, Europe Up

Wall Street futures pointed moderately lower pre-bell Wednesday as traders weighed rising oil prices, and again assessed rich values of AI- and semiconductor-sector shares.In the futures, the S&P 500 fell 0.2%, the Nasdaq declined 0.6% and the Dow Jones was off 0.1%.West Texas Intermediate crude oil traded up 3.3% at $87.13, in morning hours.The VanEck Semiconductor fund (SMH) traded down 1.7% pre-bell, after a 4.5% rise on Tuesday.However, Super Micro Computer (SMCI) shares rose 16.5% pre-bell after the AI-server maker issued a business update late Tuesday, revealing $60 billion order backlog and a surge in expected profit margins.Alphabet (GOOG, GOOGL), and Tesla (TSLA) are slated to report earnings after-bell.Asian exchanges traded unevenly overnight, pressured by rising oil prices.European bourses tracked moderately north midday on the continent.On the economic calendar is the Atlanta Fed Business Inflation Expectations report for July at 10 am ET, followed by the weekly EIA petroleum status bulletin at 10:30 am.In premarket action, Bitcoin traded at $65,930, and 10-year US Treasuries offered 4.63%. Spot gold commanded $4,119 an ounce.

Dow JonesNasdaq CompositeS&P 500
Asia Markets

Update: US Equity Indexes Advance as Big Tech Helps Outweigh Worsening Iran Geopolitics

(Updates with index/price moves and company/geopolitical news from the first paragraph.)US equity indexes rose in a broad-based rally, as chipmakers boosted technology to the top of sector charts and helped offset a move higher in crude oil amid renewed threats of more hostilities in the Middle East.The Nasdaq Composite jumped 1.3% to 25,837.21, with the S&P 500 up 0.9% to 7,509.20 and the Dow Jones Industrial Average higher by 0.7% to 52,224.64 on Tuesday. Technology was the standout performer, up 2.4%, followed by energy. Consumer staples and communication services were the sole decliners.Out of the top ten companies with a market capitalization of more than $200 billion each, all but one were from the technology sector, according to data compiled by Finviz. Within that tech dominance, seven were from semiconductors and semiconductor equipment and materials industries, including Intel (INTC).Intel is planning to lay off workers within its data center group, Business Insider reported Tuesday, citing a company spokesperson. Separately, RBC Capital Markets said in a note that Intel is expected to report a decent Q2 supported by server CPU demand and pricing momentum. Intel's shares surged 8.6%, one of the top gainers on the S&P 500 and the Nasdaq."Stock traders have shrugged off the news from the [Iran] War in favor of buying the chip makers again, presumably on the hope that the AI hyperscalers, when they report Q2 earnings over the next few days, will also report large capital spending plans," Thierry Wizman, global foreign-exchange and rates strategist at Macquarie, said in a note. "That's hoped to boost the earnings outlooks for the hardware makers."President Donald Trump delivered a dim view of possible talks with Iran to end the war, telling reporters Tuesday that the US has "no interest in meeting" until Iran is ready to convene "in a meaningful way," the Associated Press reported.A desalination facility and power plants caught fire and suffered serious damage in Kuwait after new Iranian strikes targeted the crucial facilities, along with areas of Bahrain and Jordan, following the 10th consecutive night of US bombing, Al Jazeera, a Middle Eastern broadcaster, reported Tuesday.Meanwhile, the Houthi-run SABA news agency said six ships attempting to pass through the Bab el-Mandeb Strait in the southern Red Sea were forced to reroute on Tuesday after being warned by the rebels, a day after they announced a maritime embargo against Saudi Arabia, according to the Associated Press.The front-month US West Texas Intermediate rose 2% to $84.91 a barrel, and global benchmark North Sea Brent climbed 2.5% to $91.41 a barrel.US Treasury yields rose, with the 10-year up three basis points to 4.63%. The two-year jumped 4.9 basis points to 4.26%.In earnings news, 3M (MMM) raised its full-year earnings guidance while reporting Q2 results above market expectations.General Motors (GM) lifted its outlook for full-year earnings as it recorded an unexpected year-over-year increase in Q2 sales.In precious metal markets, gold futures advanced 1.8% to $4,086.9, and silver futures jumped 3.4% to $59.03.

Dow JonesNasdaq CompositeS&P 500$GM$INTC$MMM
Update: Wall Street Snaps 3-Day Losing Streak in Tech-Led Bounce
US Markets

Update: Wall Street Snaps 3-Day Losing Streak in Tech-Led Bounce

(Updates with market moves at the end of the day.)US equities advanced Tuesday after a three-day slump, with chip stocks lifting the technology sector, even as oil prices rose amid heightened tensions in the Middle East.The Nasdaq Composite climbed 1.3% to 25,837.21, while the S&P 500 gained 0.9% to close at 7,509.20. The Dow Jones Industrial Average rose 0.7% to 52,224.64. Barring consumer staples and communication services, all sectors ended in the green, led by tech's 2.4% gain.Micron Technology (MU) was among the best performers on the S&P 500, up 12%, while Sandisk (SNDK) surged 14%, the index's top gainer. Intel (INTC) jumped 8.6%, while Nvidia (NVDA) rose 2%, among biggest gainers on the Dow."Stock traders today have shrugged off the news from the war in favor of buying the chip makers again, presumably on the hope that the (artificial intelligence) hyperscalers, when they report (second-quarter) earnings over the next few days, will also report large capital spending plans," Macquarie said Monday in a report. "That's hoped to boost the earnings outlooks for the hardware makers."West Texas Intermediate crude oil was up 2% at $84.91 a barrel in Tuesday late-afternoon trade, while Brent rose 2.5% to $91.44.The US will hit the area of Pickaxe Mountain "probably pretty soon," news outlets reported, citing President Donald Trump. The underground facility is reportedly believed to be connected to Iran's nuclear program.Kuwait, Bahrain and Jordan intercepted Iranian aerial attacks on Tuesday, CNN reported. The US Central Command said Monday its forces had struck Iran again.Two tankers carrying Saudi crude turned back in the Red Sea as Yemen's Iran-aligned Houthis threatened to strike vessels using Saudi ports, Reuters reported.Treasury yields were higher, with the two-year rate up 4.9 basis points at 4.26% and the 10-year rate rising 3.2 basis points to 4.63%.In corporate news, 3M (MMM) raised its full-year earnings outlook as the industrial conglomerate reported second-quarter results above Wall Street's estimates. The stock jumped 7.3%, the biggest gain on the Dow.General Motors (GM) lifted its full-year profit guidance as the automaker recorded an unexpected year-over-year increase in its second-quarter revenue. The stock rose 4.9%.Danaher (DHR) slid 11%, the worst performer on the S&P 500. The medical equipment maker raised its full-year profit guidance as its fiscal second-quarter results came in stronger than expected, but it lowered the top end of its 2026 revenue growth outlook.Gold advanced 1.8% to $4,088.40 per troy ounce, while silver climbed 3.5% to $59.05 per ounce.

Dow JonesNasdaq CompositeS&P 500$AMZN$DHR$GM$INTC$MMM$MU$NVDA$SNDK
Japan

US Equity Markets Close Higher as Chipmakers Lead Tech Gains

US equity indexes ended higher on Tuesday as semiconductor stocks led gains in the technology sector amid diplomatic developments to rein in hostilities in the Middle East.* Iranian Interior Minister Eskandar Momeni arrived in Pakistan for high-level talks, news reports said. Mediators are proposing a 10-day ceasefire between Washington and Tehran, according to a Reuters report. President Donald Trump said Tehran is "desperate" to meet and talk, and threatened to attack a reported new Iranian nuclear site "very heavily," Al Jazeera reported.* Redbook US same-store sales last week rose 7.8% from a year earlier after an 8.2% increase in the previous week.* The Philadelphia Federal Reserve Bank's monthly nonmanufacturing activity index rose to 7.4 in July from minus 25.8 in June.* August West Texas Intermediate crude oil rose $1.76 to settle at $84.99 per barrel, while September Brent crude, the global benchmark, was last seen up $2.25 at $91.47.* 3M (MMM) shares rose 7.3%, the top gainer on the Dow, as the company raised its full-year earnings outlook after reporting Q2 results above Wall Street's estimates.* Danaher (DHR) shares fell 11%, the biggest drop on the S&P 500, after the company tempered full-year revenue-growth guidance even as fiscal Q2 topped estimates.

Dow JonesNasdaq CompositeS&P 500$DHR$MMM

Showing 541-560 of 1496

Track with the FINWIRES app suite

FolioX
FolioX
Track S&P 500 Index in your portfolio
WheelAI
WheelAI
Analyze S&P 500 Index options with the wheel strategy
StockInsider
StockInsider
See market sentiment on S&P 500 Index