Sentiment: Unknown
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Stock Market Today: Chip Stocks Slide, Oil Climbs After Iran Strikes in Hormuz
By Trader Edge at 2026-07-07 11:50
Sentiment: Unknown
TLDR Samsung’s Q2 operating profit jumped 19-fold, driven by AI demand, but concerns about spending plans triggered a chip stock sell-off The Nasdaq fell 1.4%, the S&P 500 dropped 0.6%, and the Dow slipped 0.1% on Tuesday The pullback came one day after the Dow hit a record high above 53,000 Oil prices rose after [...] The post Stock Market Today: Chip Stocks Slide, Oil Climbs After Iran Strikes in Hormuz appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central