Wall St ends lower for the day and week as chip selloff broadens

Wall St ends lower for the day and week as chip selloff broadens

By Stephen Culp and Ragini Mathur

Fri July 17, 2026  

Another severe down day for tech, which is probably a healthy thing as it is cooling down a market that was widely feared to be way overheated. As today’s expert put it, “The market has chip fatigue. Those stocks got way ahead of themselves and now they’re coming back to Earth.” Tech was down from open but the Dow actually started the day about 60 points in the black around 45 minutes after open, but was almost 600 points down at open but zoomed up to break-even within half an hour before falling off the cliff again with a gradual decline all afternoon that still led to a 3-digit loss at close. Tech’s fall from grace was understandable but the Dow’s decline is more of a mystery, especially given how strong Q2 has been so far.  

Wall Street ends lower as chip weakness offsets solid earnings, economic data

Wall Street ends lower as chip weakness offsets solid earnings, economic data

By Stephen Culp and Ragini Mathur

Thu July 16, 2026  

After four out of five straight sessions of gains, tech took another substantial dive today. You might call it profit-taking, you might call it more jitters over extended fighting in the war that has basically now nullified the truce. The Dow, boosted by a strong Q2 from United Health, had less dramatic losses.  But today all the good economic news, of which there was a good amount, and all the good Q2 was not quite enough to avoid the dive in tech.  

Wall St ends higher on cool inflation data, strong earnings

Wall St ends higher on cool inflation data, strong earnings

By Stephen Culp and Ragini Mathur

Wed July 15, 2026  

PPI came in today confirming yesterday’s CPI that inflation is slowing down. That combined with a second day of strong Q2 reporting and the market went on another buying spree (though something very strange happened right about 11:30 that brought all three indexes crashing down into minor losses after a morning of nice gains, but quickly recovered, no explanation given.)  

S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings

S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings

By Stephen Culp and Avinash P

Tue July 14, 2026  

The big banks came in today with boffo Q2 reports which oddly enough lifted tech but not so much the Dow. All three indexes closed with gains although the Dow just barely so after spending most of the day in the red. CPI also came with the good news that inflation seems to be calming with hopes now that inflation will continue to come down and thus there will be no need for a rate hike later this year. Of course, any good news on inflation is good for tech.  

Wall Street ends lower as Iran tensions dampen risk appetite; chipmakers drop

Wall Street ends lower as Iran tensions dampen risk appetite; chipmakers drop

By Stephen Culp and Ragini Mathur

Mon July 13, 2026  

The war has ramped up and consequently the markets have ramped down, all three indexes on a continuous downward spiral all day closing with 3-digit losses, the Nasdaq particularly hard hit closing down 408. The Dow suffered a little less due to oil spiking again, today up 9.4%, on account of further restricted traffic in the Strait of Hormuz. As today’s expert put it, “If the market were cheap, it’d be one thing. Now there’s less cushion and there continues to be a lot of unknowns.”  

Wall Street climbs, oil slides as investors bet on AI growth over Middle East tensions

Wall Street climbs, oil slides as investors bet on AI growth over Middle East tensions

By Pete Schroeder

Fri July 10, 2026  

For a second day, Wall Street is ignoring Middle East tensions and focusing again on AI and that drove tech mildly upward all day and the Dow even more into a low 3-digit gain. Oil prices came down a bit as investors eye the continuing attacks but may still be holding out optimism for the negotiations. Per the CBOE, a mere 14.9 billion shares traded hands, even more way below the 23.0 billion average than before, indicating that investors are on the fence waiting to see what happens next. 

Stocks climb, oil slides as tech hopes outlast Middle East worries

Stocks climb, oil slides as tech hopes outlast Middle East worries

By Pete Schroeder

Thu July 9, 2026  

Yesterday’s negative war news with new strikes on Iran drove the whole tech sector down. Today, even despite a second day of strikes and Iran retaliation, the market decided to disregard the war and return to the love affair with AI, bolstering both the S&P and Nasdaq into a daylong and quite fruitful rally. Nvidia was riding high on the second day after being allowed to sell its chips to Chinese companies. Yesterday, this news sent the chip index up 2.4%, today an additional 3%.