{"id":5421,"date":"2026-07-13T15:15:43","date_gmt":"2026-07-13T15:15:43","guid":{"rendered":"https:\/\/tradertideinsights.com\/?p=5421"},"modified":"2026-07-13T15:15:43","modified_gmt":"2026-07-13T15:15:43","slug":"dow-opens-higher-as-chip-stocks-slide-sp-500-dips-on-iran-tensions","status":"publish","type":"post","link":"https:\/\/tradertideinsights.com\/?p=5421","title":{"rendered":"Dow opens higher as chip stocks slide, S&P 500 dips on Iran tensions"},"content":{"rendered":"
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Wall Street’s main indexes opened lower on Monday as renewed tensions between the United States and Iran pushed oil prices higher, while a broad selloff in semiconductor stocks added to pressure ahead of a busy week of corporate earnings and economic data.<\/p>\n

Dow Jones Industrial Average bucked the trend and opened higher by about 122 points, or 0.23%.<\/p>\n

The S&P 500 fell 0.17%, while the Nasdaq Composite declined around 0.61%, with technology stocks leading losses.<\/p>\n

The cautious mood followed another escalation in the Middle East over the weekend, with investors also preparing for second-quarter earnings reports from major US banks and key inflation data that could shape expectations for Federal Reserve policy.<\/p>\n

Oil rises as US-Iran conflict escalates<\/h2>\n

Geopolitical concerns intensified after the United States and Iran exchanged attacks over the weekend. <\/p>\n

Tehran said it had closed the Strait of Hormuz, a key shipping route for global energy supplies, although President Donald Trump disputed the claim on Sunday, saying the waterway remained open to commercial traffic.<\/p>\n

The latest developments undermined an interim agreement reached last month that had sought to reopen the strait and de-escalate the conflict following weeks of negotiations.<\/p>\n

Oil prices climbed as markets assessed the risks to global energy supplies. <\/p>\n

West Texas Intermediate crude rose about 3% to $73.83 per barrel after briefly touching $75.08 overnight. <\/p>\n

Brent crude also gained roughly 3% to $78.52 after reaching as high as $79.80.<\/p>\n

The increase in crude prices revived concerns that higher energy costs could complicate the inflation outlook just as investors await fresh US consumer price data.<\/p>\n

Chip stocks retreat after SK Hynix debut<\/h2>\n

Semiconductor stocks came under renewed pressure after South Korean memory-chip maker SK Hynix’s blockbuster Nasdaq debut on Friday.<\/p>\n

US-listed shares of SK Hynix fell about 7% in trading after surging 13% on their first trading day.<\/p>\n

The weakness spread across the semiconductor sector. <\/p>\n

Micron Technology declined roughly 6.4%, while Western Digital, Seagate Technology and Sandisk each fell between 4% and 7%. <\/p>\n

Advanced Micro Devices and Intel also traded lower.<\/p>\n

The iShares Semiconductor ETF dropped more than 3%, reflecting broad weakness across chipmakers despite the sector’s strong gains earlier this year.<\/p>\n

Earnings and inflation data take center stage<\/h2>\n

Major Wall Street banks including JPMorgan Chase, Goldman Sachs, Morgan Stanley, Bank of America, Citigroup and Wells Fargo are scheduled to report quarterly results this week.<\/p>\n

Netflix, Johnson & Johnson, General Electric and UnitedHealth are also due to release earnings later in the week.<\/p>\n

According to LSEG I\/B\/E\/S, S&P 500 companies are expected to report second-quarter earnings growth of 23.7% from a year earlier. <\/p>\n

FactSet estimates similarly point to profit growth of more than 23%, underscoring elevated expectations heading into the reporting season.<\/p>\n

Markets will also focus on Tuesday’s US consumer price index report, which could influence the Federal Reserve’s interest-rate outlook. <\/p>\n

Fed Chair Kevin Warsh is scheduled to deliver his first monetary policy testimony before Congress on Tuesday, while Fed Governor Christopher Waller is expected to speak later on Monday.<\/p>\n

Despite Monday’s pullback, the S&P 500 remains up more than 10% for the year and sits less than 1% below its early-June record closing high after posting a second consecutive weekly gain last week. <\/p>\n

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The post Dow opens higher as chip stocks slide, S&P 500 dips on Iran tensions<\/a> appeared first on Invezz<\/a><\/p>\n

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Wall Street’s main indexes opened lower on Monday as renewed tensions between the United States and Iran pushed oil prices higher, while a broad selloff in semiconductor stocks added to pressure ahead of a busy week of corporate earnings and economic data.Dow Jones Industrial Average bucked the trend and opened higher by about 122 points,…<\/p>\n","protected":false},"author":1,"featured_media":5422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-5421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock"],"_links":{"self":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/5421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5421"}],"version-history":[{"count":0,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/5421\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/media\/5422"}],"wp:attachment":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}