Wednesday, July 8, 2026

S&P 500 ends down after Trump says Iran deal is 'over'

S&P 500 ends down after Trump says Iran deal is 'over'

By Noel Randewich

Wed July 8, 2026 

The bad war news today (or should I say peace news) brought all the indexes down except the Nasdaq which, though sunk by almost 300 by noon, had an afternoon comeback that got it modestly into the black. The same thing happened to the S&P though the comeback there still kept it modestly in the red. The Dow was down almost 900 by noon but with a much more modest recovery that still left it well into the red. What pushed tech back up was an Apple announcement that it was buying $30B of chips from Broadcom to put in the 2.5B Apple devices people use globally.  

Tuesday, July 7, 2026

Nasdaq sinks as AI worries hit chipmakers

Nasdaq sinks as AI worries hit chipmakers

By Noel Randewich and Shashwat Chauhan

Tue July 7, 2026  

AI nerves were back today big time with Micron and other chipmakers falling due to continuing doubts about AI’s sustainability. Even Samsung with today’s blowout earnings report was unfortunately not enough of a blowout to satisfy investors whose expectations were through the roof.  As today’s expert put it, “Expectations have gotten to be almost impossible to beat …”  

Monday, July 6, 2026

S&P 500, Nasdaq close sharply higher as Broadcom rallies

S&P 500, Nasdaq close sharply higher as Broadcom rallies

By Noel Randewich and Ragini Mathur

Mon July 6, 2026  

AI exuberance is back after last week’s setbacks and it sent all three indexes straight up with 3-digit gains on both the Dow and Nasdaq and the S&P also up an impressive 54 points. This was all triggered by strong expectations of a blossoming Q2 earnings season which starts shortly combined with expectations that this boom will continue through the rest of the year. The chip index was up 2.2% after last week’s slump.  

Thursday, July 2, 2026

Nasdaq ends lower with tech; investors assess softer jobs data

Nasdaq ends lower with tech; investors assess softer jobs data

By Caroline Valetkevitch and Niket Nishant

Thu July 2, 2026  

It was a second day of sharp declines in tech, today being written off as profit-taking after such a long run of gains. Only about half the number of expected new jobs materialized which was greeted as good news on inflation and a possible stay of execution on the Fed raising rates. Odds of a rate hike decreased from 64 to 55%.  

Wednesday, July 1, 2026

Wall Street ends choppy session lower as tech shares drop

Wall Street ends choppy session lower as tech shares drop

By Caroline Valetkevitch and Niket Nishant

Wed July 1, 2026  

Investors chose to return to caution again today with all three indexes starting the session in the red, the Nasdaq deeply so, but then rising into the black until about noon when they began to decline and all closing modestly in the red. The concerns over the war and AI expenses reared their ugly head again and brought the Nasdaq way down until Meta saved the day momentarily with an 8.8% gain.  

Tuesday, June 30, 2026

S&P 500, Nasdaq register best quarter since 2020 despite Iran war

S&P 500, Nasdaq register best quarter since 2020 despite Iran war

By Caroline Valetkevitch and Niket Nishant

Tue June 30, 2026  

Q2 has ended with a bang as the Nasdaq and S&P both came in with the best quarter in six years despite all the geopolitical uncertainties. Though tech once again was the leader, even the Dow scored its 2nd record high in two days. The chip index gained 3.9% though concerns over still too lofty valuations and too big capex has today’s expert recommending investors rotate to value sectors such as energy and financials.  

Monday, June 29, 2026

Wall Street ends higher as US, Iran attacks ease; major tech-related shares jump

Wall Street ends higher as US, Iran attacks ease; major tech-related shares jump

By Caroline Valetkevitch and Niket Nishant

Mon June 29, 2026  

It’s the same old story that’s been going on since the beginning of the war. Hostilities erupt, the market comes down. Hostilities ease and it goes up. That’s what happened today with the concerns about the fragile peace talks being jeopardized by weekend strikes but with the strikes easing today, everything took off like hotcakes, both industrials and tech enjoying very substantial 3-digit gains.