
Big Bank Earnings Beat While Tech Chips Stumble: Tuesday's Market in Focus
Five major banks posted blowout Q2 results while SK Hynix's 15% single-day collapse dragged semiconductors lower, splitting Tuesday's session into two very different stories.
Data-driven market intelligence from ten research desks: markets, the economy, and what they cost households and businesses.

Five major banks posted blowout Q2 results while SK Hynix's 15% single-day collapse dragged semiconductors lower, splitting Tuesday's session into two very different stories.

SPY edges higher as semiconductor strength and social media gains offset energy sector weakness

The Dow fell 1.07% and small caps dropped as Iran escalation pushed oil to $78/bbl, while Nasdaq held and NVDA surged 3.65% on July 9, 2026.

Tech stocks fell sharply on July 8 as money rotated into defensive sectors. Here's what the S&P 500's sector rotation means for everyday investors.

SPY closed at $751.28 on July 7, within 1% of its all-time high, as QQQ surged 1.43% on a Broadcom-Apple AI chip deal and SpaceX's Nasdaq 100 entry.