Public Markets 3 Days

Last updated: July 13, 2026, 11:30 AM ET

Middle East Tensions Flare, Impacting Oil and Shipping

Oil prices amid renewed skirmishes between the U.S. and Iran, with traders fearing escalating hostilities could further restrict crude flow through the Strait of Hormuz. U.S. stocks dropped on Monday as investors assessed tit-for-tat attacks and conflicting information over the Strait's status dropped on Monday. Ship traffic through the critical waterway after Iran attacked a ship, prompting U.S. strikes plummeted lowest. In response, Dubai on the UAE's east coast to bypass the Strait of Hormuz, a significant shift following the U.S.-Iran conflict. The United Arab Emirates in June after exiting OPEC to escape production quotas and bring oil to market. Abu Dhabi National Oil Co. will sell offshore crude oil for collection outside the Strait of Hormuz at levels indexed to the Dubai benchmark. China's crude imports from a slump as it relaxes fuel export curbs and snaps up prompt Middle East supplies. India's trade deficit widened in June, with uncertainty over the U.S.-Iran conflict and shipping through the Strait of Hormuz clouding the outlook for global supply chains widened in June. China’s nationwide electricity load on July 10, reaching 1.518 billion kilowatts, driven by demand from data centers and electric vehicles.

Market Volatility and Corporate Dealmaking

Wall Street tech stocks fell sharply after Asian chipmakers were hammered fell sharply, while oil prices rose as U.S.-Iran hostilities escalated and investors adopted a 'risk-off' mode rose. U.S. natural gas futures as cooler weather forecasts and falling exports on maintenance at Freeport LNG weighed on prices. De Beers due to weak prices and intensifying competition from lab-grown stones. Cocoa demand is expected to remain uneven, suggesting a fragile recovery as supply concerns push bean prices higher and keep chocolate pricier for longer. Blackstone-led group in Williams, acquiring a 49% noncontrolling equity interest in five power-infrastructure projects. Saudi Arabia's Nour Net is reportedly tapping Goldman Sachs and HSBC for a potential initial public offering, adding to the Gulf's IPO pipeline is reportedly tapping Goldman Sachs and HSBC.

IPO Market and Financial Sector Dynamics

The London IPO revival faces a setback as several UK companies, including Waterstones and Sum Up, consider deferring their listings to 2027 faces a setback. In Pakistan, cooking oil manufacturer Agro Processors & Atmospheric Gases Ltd. plans IPO to finance plant expansion, contributing to a record year for listings. Meanwhile, antenna maker Smag Mobile Antenna Masts AG tumbled 33% in its German trading debut, signaling waning appetite for defense stocks in Europe tumbled 33%. German financial watchdog BaFin said financial companies engaged in dividend tax strategies face liabilities of up to €7.01 billion. Deutsche Bank AG is expanding its private banking business in Dubai with hires from Standard Chartered Plc, deepening its Middle East presence is expanding its private banking business.

Technology and AI Developments

Intel plans invest in its Irish plant as demand for AI chips surges, strengthening Dublin's role in European semiconductor manufacturing. Meta is lifting the cost of its Louisiana data center to over $50 billion, scaling up its compute capacity to 5 gigawatts is lifting the cost of its Louisiana data center. Nearly 200 economists and tech leaders, calling for policymakers to better understand and respond to potential disruptions from artificial intelligence. Investors are rotating beyond AI winners in emerging markets, where just three technology stocks worth $4.4 trillion drive an outsized share of returns. Options brokers with niche expertise are defying automation and AI shifts, thriving in an equity market increasingly shaped by technology are defying automation and AI shifts.

Corporate Earnings and Economic Outlook

Corporate America to beat investor expectations as earnings season kicks off with major banks reporting. Investors expect "sunshine and rainbows" this earnings season, but estimates are running against sticky inflation and rising odds of interest rate hikes, leaving little room for error for stocks near records. Citigroup strategists, deeming them less appealing as geopolitical tensions abate and citing a defensive tilt to commodities. Morgan Stanley strategists, predicting that U.S. equities outside of tech giants are poised to report strong earnings, broadening the equity rally.

Global Economic and Regulatory Developments

Kenya considering $500 to extend maturities and ease repayment pressures. Chile's government has a window of opportunity to sell debt abroad as sovereign spreads hover near two-decade lows, with investors shrugging off escalating Middle East conflict and domestic debt concerns has a window of opportunity. Indonesia retained investment-grade and stable outlook at S&P Global Ratings, a reprieve for President Prabowo Subianto and his fiscal policy credibility. The Federal Reserve’s top bank cop, Bowman, urged the Financial Stability Board to be flexible, warning against strict rules unsuitable for diverse countries urged the Financial Stability Board to be flexible.

SpaceX and Other Notable Events

SpaceX plans Starship later this week after a mishap postponed an earlier mission and prompted FAA review. Jay-Z's concert at Yankee Stadium due to crowd safety issues.