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Dow closed above 53,000 for the first time as chipmakers and AI stocks powered Monday’s rally, with AMD, Broadcom and Qualcomm leading gains. Futures traded mixed overnight, while retail sentiment for SPY, QQQ, and DIA remained ‘extremely bullish’ despite a pullback in Nasdaq-100 futures. Rivian slid on a stock offering, SpaceX prepared for its Nasdaq-100…

The ceasefire between the U.S. and Iran ruptured this week after the U.S. launched more than 80 strikes on Iran midweek in response to Iranian attacks on ships moving through the Strait of Hormuz. At a NATO summit in Turkey, President Donald Trump declared the ceasefire to be “over” and promised additional strikes on Iran.…

US stocks ended the session mixed on Wednesday, while oil continued to surge after President Trump declared that the memorandum of understanding between the US and Iran was “over.” The Dow Jones Industrial Average (^DJI) fell roughly 1%, or more than 500 points, while the S&P 500 (^GSPC) dropped 0.2%. The tech-weighted Nasdaq Composite (^IXIC) trimmed losses…

The Dow Jones Industrial Average dropped sharply on July 8, 2026, after President Trump made remarks casting doubt on the durability of the existing US-Iran ceasefire. The Nasdaq Composite, meanwhile, managed a modest gain, a split-screen moment that tells you a lot about where investor anxiety is actually sitting right now. The broader concern is…

Oil prices climbed higher following the attacks, rising above $70 a barrel. Meanwhile, investors once again rotated out of technology and AI stocks, moving into more traditional industries like healthcare and financials. Investors will be watching the minutes of the Federal Reserve’s June meeting, expected on Wednesday. U.S. stock futures were mixed in the overnight…

President Trump, venting his longstanding animus toward Europe at the NATO summit in Ankara, Turkey, singled out Spain with particular spleen on Wednesday. “I don’t want anything to do with Spain,” he said of the European Union’s fourth-largest economy. “Cut off all trade with Spain, please, including visits.” “They’re hopeless, bad people,” he added. Whether…

The Federal Reserve held rates steady at 3.5-3.75% last week and nudged its year-end median projection up to 3.8%. Markets panicked anyway. Bitcoin dropped to the $63,000-$64,000 range, the S&P 500 wobbled, and the usual chorus of doom filled financial Twitter. But a growing cohort of options traders is looking at the wreckage and seeing…

Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. The times they are tentatively, not with any certainty, maybe a-changin’. In a move borrowed from the founding members of the Justice League, a group of big US banks reportedly talked about banding together to…

The iShares MSCI USA Momentum Factor ETF (MTUM) slipped into formal correction territory before stabilizing and ticking upward during early trading. Trading desks at major firms like Goldman Sachs and UBS report an absence of widespread panic. JPMorgan analysts indicated that the momentum-driven sell-off may have hit its floor, prompting investors to view the lower…

TEMPO.CO, Jakarta – Global index provider S&P Dow Jones Indices (S&P DJI) has placed Indonesia on its 2027 watchlist for market classification review, warning that unresolved concerns over stock ownership transparency could result in Indonesian equities receiving special treatment, including a possible reclassification from an emerging market to a frontier market. Indonesia currently retains its…