#USMarketUpdate
S&P 500 falls as chip stocks weigh on market again:

Live updates

https://www.cnbc.com/2026/07/15/stock-market-today-live-updates.html?__source=androidappshare

SpaceX stock under pressure with first test flight since IPO tonight
https://finance.yahoo.com/markets/stocks/article/spacex-stock-under-pressure-with-first-test-flight-since-ipo-tonight-140052308.html

Why McDonald's stock is at nearly 2-year lows
https://finance.yahoo.com/markets/stocks/article/why-mcdonalds-stock-is-at-nearly-2-year-lows-145439928.html

Why PepsiCo's stock is at a 1-year low
https://finance.yahoo.com/markets/stocks/article/why-pepsicos-stock-is-at-a-1-year-low-134141497.html

#USMarketUpdate
Stock market today: Dow rises, S&P 500 and Nasdaq fall as chip stocks slide amid AI jitters

https://finance.yahoo.com/markets/live/stock-market-today-thursday-july-16-dow-sp-500-nasdaq-chip-stocks-slide-103116735.html

Big Tech earnings will put focus on AI spending
https://finance.yahoo.com/technology/article/big-tech-earnings-will-put-focus-on-ai-spending-165004022.html

Meta's data center plans could help solve its AI spending problems
https://finance.yahoo.com/technology/article/metas-data-center-plans-could-help-solve-its-ai-spending-problems-164031347.html

#USMarketUpdate
Wall Street ends lower as chip weakness offsets solid earnings, economic data | Reuters

SUMMARY
Indexes down: Dow 0.20%, S&P 500 0.51%, Nasdaq 1.47%
Memory-chip makers lead losses
UnitedHealth rises after 2026 profit forecast raise
GE Aerospace falls despite lifting 2026 forecast
US retail sales rise marginally in June

NEW YORK, July 16 (Reuters) - Chip stocks pulled the Nasdaq and the ​S&P 500 lower on Thursday as they continued to lead broader market moves despite generally upbeat U.S. economic data and ‌a strong start to second-quarter earnings season.

Among the 11 major sectors in the S&P 500, technology (.SPLRCT), opens new tab fell 1.8%, with a 4.3% drop in semiconductor stocks (.SOX), opens new tab weighing heavily on the sector and the market.

Daily swings in chips have increasingly dictated the overall movement of the major U.S. stock indexes, particularly the tech-heavy Nasdaq....

The weakness in chips, even after chip demand bellwether TSMC posted a 77% jump in quarterly profit, demonstrated the lofty expectations for a sector that ​has soared by nearly 70% so far this year. U.S.-listed shares of the chipmaker fell 2.3%...

The Dow's losses were cushioned in part by a 1.2% gain in UnitedHealth Group (UNH.N), opens new tab after the company beat Wall Street earnings estimates and hiked its 2026 ‌forecast.

Healthcare stocks (.SPXHC), opens new tab ⁠rose 2.2%.

United Airlines (UAL.O), opens new tab fell 1.8% as surging oil prices weighed on its forward guidance.

GE Aerospace (GE.N), opens new tab slid 4.1%, even after the company lifted its 2026 profit forecast.

Analysts have set a high bar for second-quarter earnings season. S&P 500 companies, in aggregate, are expected to post year-on-year earnings growth of 24.8%. Technology earnings alone are seen jumping 65.5% from the year-ago quarter, according to the latest available data from LSEG.

SOLID RETAIL SALES, LOW JOBLESS CLAIMS, WEAK HOUSING DATA


https://www.reuters.com/business/wall-st-futures-pause-after-two-day-rally-investors-await-data-earnings-2026-07-16/

Wall Street ends lower as chip weakness offsets solid earnings, economic data
https://www.straitstimes.com/business/companies-markets/wall-street-ends-lower-as-chip-weakness-offsets-solid-earnings-economic-data

Netflix stock falls on light Q3 revenue forecast
https://finance.yahoo.com/markets/stocks/article/netflix-stock-drops-after-q3-revenue-falls-short-co-ceo-says-not-all-views-are-created-equal-201022485.html

While You Were Sleeping: 5 stories you might have missed, July 17, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-july-17-2026

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Should You Buy Intuitive Surgical With the Stock Down 35%? Here's What History Says.
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Andy Jassy Says Amazon's Chip Business Already Has $225 Billion in Commitments
https://finance.yahoo.com/technology/ai/articles/andy-jassy-says-amazons-chip-010100230.html

#MarketmMind
Trading Day: Sinking chips   | Reuters

July 16 (Reuters) - A shakeout in U.S. semiconductor stocks tanked the tech-heavy Nasdaq on Thursday as AI jitters spread globally, while solid U.S. economic data helped lift the dollar and Treasury yields.
In my column today, I look at foreigners' insatiable appetite for U.S. stocks, which suggests that faith ​in America's AI story — the "U.S. exceptionalism" narrative — is, for now at least, alive and well.

Today's Key Market Moves

STOCKS: South Korea -7%, Japan-2.8%.
Europe and UK little changed, Wall Street's big ​three indices slide between 0.2% and 1.5%.
SECTORS/SHARES: U.S. chip index -4%, comms services -3%; consumer staples +3%. Sandisk -12.5%, Seagate Technology -10%. Netflix -5% after ⁠the bell. Nike +4%.
FX: Dollar +0.3%, sterling -0.5%, dollar/yen still hugging 40-year highs above 162.00.
BONDS: U.S. yields up 3 bps at the short end, bull-flattening the curve.
COMMODITIES/METALS: Oil -1%, U.S. ​natgas hits 2-month low $2.823/mmBtu, gold -2%, silver -4%.Today's

Talking Points
* Seoul searching

Authorities in South Korea are desperately trying to clamp down on the volatility sweeping through ​the country's stock market, with their latest move on Thursday targeting leveraged, derivative-based ETFs tied to major technology firms like Samsung and SK Hynix. Will it work?...

* Communication breakdown
In monetary policy, the signals ​central bankers send can often be as important as the actions they take. Sometimes more so. So new Fed Chair Kevin Warsh's pledge to overhaul the ‌Fed's communications ⁠strategy, effectively towards a "less is more" approach, is bound to create some degree of uncertainty and unease for investors.

* A delicate balancing ​act
A new Fed paper, opens new tab and U.S. capital flows ​data this week underscore just ⁠how pivotal AI is to the U.S. economy and markets. The Fed paper suggests AI-related imports could widen the current account deficit more than previously thought, while the latest "TIC" data shows foreign investors continue to pour huge ​amounts into U.S. equities as they chase the AI dream.

What could move markets tomorrow?
Developments in the Middle East
Global sentiment toward AI, semiconductor stocks
German Chancellor Merz and French ⁠President Macron ​speak to reporters
U.S. University of Michigan consumer sentiment, inflation expectations (July, prelim)
U.S. industrial production (June)

https://www.reuters.com/commentary/reuters-open-interest/global-markets-trading-day-graphic-2026-07-16/