Monthly Archives: July 2026
41654156156Tech Wreck Deepens as Nasdaq Leads Broad Sell-Off, Micron Craters 30% Off Peak
Written on July 17, 2026 at 6:41 am, by pumarketings
Key Takeaways *All three major U.S. indices closed lower, with the Nasdaq falling around 1.4% as technology stocks remained under heavy selling pressure. *Escalating Middle East tensions, inflation concerns, and uncertainty over the Federal Reserve’s policy outlook continued to dampen risk appetite, while semiconductor weakness added further pressure to the tech sector. *Near-term direction willContinue Reading
Nasdaq Rally Fades as Mideast Crossfire, Eyes on Today’s Beige Book
Written on July 16, 2026 at 8:54 am, by pumarketings
Key Takeaways: *Wall Street initially rallied after softer-than-expected U.S. CPI data eased Fed tightening concerns, but gains faded as renewed Middle East tensions triggered a shift back to risk-off sentiment. *Disappointing IBM earnings added pressure to technology stocks, weighing on the Nasdaq alongside concerns over higher oil prices and inflation risks. *Investors will closely watchContinue Reading
Hormuz Disruptions Keep Oil on Edge as Naval Blockade, Tanker Attacks Persist
Written on July 16, 2026 at 8:12 am, by pumarketings
Key Takeaways: *Renewed U.S.-Iran hostilities and continued disruptions in the Strait of Hormuz have heightened concerns over global energy supply, supporting elevated crude oil prices. *Reduced shipping activity, higher transport costs, and limited alternative export routes continue to tighten supply, keeping a geopolitical risk premium embedded in oil prices. *Crude oil is likely to remainContinue Reading
