Public Markets 3 Hours

Last updated: July 21, 2026, 5:30 PM ET

US Equities Gain on Chip Rebound and Tech Earnings Anticipation

U.S. stock indexes rose broadly as chip shares staged a strong recovery, lifting the Nasdaq and positioning investors for a wave of major technology earnings. Chip stocks related to China's artificial intelligence ambitions, contributing to the market's upward momentum. Meanwhile, Treasurys ahead of the Federal Reserve's interest rate meeting.

Automotive and Financial Sectors Show Mixed Performance

General Motors, while Alaska Air Group Inc. narrowly beat despite grappling with rising fuel prices. Capital One Financial Corp., a major U.S. credit-card lender, swung to a profit in the second quarter as loan-loss provisions dropped. In Argentina, Moody's Ratings, marking its third sovereign upgrade in less than three months and validating President Javier Milei’s economic reforms.

Commodities and Geopolitical Tensions Drive Market Dynamics

Oil futures for a third consecutive session, fueled by continued U.S. and Iran strikes. Middle East tensions, impacting transportation sectors. Canadian stocks, however from the U.S. president, buoyed by surging gold prices and a rally in tech hardware stocks.

Weather and Unforeseen Events Impact Regional Markets

A tornado watch and other Northeast areas as storms brought heavy rain and winds, prompting businesses in low-lying areas to brace for potential flooding. In other news, the Pentagon identified a soldier killed during drone disposal in Iraq. The Gates Foundation in Epstein crimes following an external review.