Wall St ends higher on chip stocks recovery; earnings in focus | Reuters
SUMMARY
Indexes up: Dow 0.74%, S&P 500 0.89%, Nasdaq 1.29%3M shares rally after company boosts annual profit forecastDanaher falls after cutting annual core revenue growth forecastUS imposes new 50% tariffs on Canadian imports
July 21 (Reuters) - Wall Street's main indexes closed higher on Tuesday, with the Nasdaq leading gains as a steep rally in semiconductor shares helped shift the focus away from the latest Middle East hostilities and tariff battles, while investors looked ahead to major technology earnings reports.
A rebound in recently battered semiconductor stocks provided huge support for the main U.S. stock indexes and the Philadelphia SE Semiconductor Index (.SOX), opens new tab finished with a 5.2% rally in its second consecutive advance after ending Friday more than 20% below its late-June record high.
https://www.reuters.com/business/wall-st-futures-gain-iran-ceasefire-hopes-earnings-focus-2026-07-21/
Wall St ends higher on chip stocks recovery; earnings in focus
https://www.straitstimes.com/business/companies-markets/wall-st-ends-higher-on-chip-stocks-recovery-earnings-in-focus
SUMMARY
Indexes up: Dow 0.74%, S&P 500 0.89%, Nasdaq 1.29%3M shares rally after company boosts annual profit forecastDanaher falls after cutting annual core revenue growth forecastUS imposes new 50% tariffs on Canadian imports
July 21 (Reuters) - Wall Street's main indexes closed higher on Tuesday, with the Nasdaq leading gains as a steep rally in semiconductor shares helped shift the focus away from the latest Middle East hostilities and tariff battles, while investors looked ahead to major technology earnings reports.
A rebound in recently battered semiconductor stocks provided huge support for the main U.S. stock indexes and the Philadelphia SE Semiconductor Index (.SOX), opens new tab finished with a 5.2% rally in its second consecutive advance after ending Friday more than 20% below its late-June record high.
https://www.reuters.com/business/wall-st-futures-gain-iran-ceasefire-hopes-earnings-focus-2026-07-21/
Wall St ends higher on chip stocks recovery; earnings in focus
https://www.straitstimes.com/business/companies-markets/wall-st-ends-higher-on-chip-stocks-recovery-earnings-in-focus
While You Were Sleeping: 5 stories you might have missed, July 22, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-july-22-2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-july-22-2026
The Straits Times
While You Were Sleeping: 5 stories you might have missed, July 22, 2026
While You Were Sleeping: 5 stories you might have missed, July 22, 2026. Read more at straitstimes.com. Read more at straitstimes.com.
Supermicro stock jumps amid record $60 billion backlog
https://finance.yahoo.com/markets/article/supermicro-stock-jumps-on-gross-margin-raise-amid-record-60-billion-backlog-223037795.html
https://finance.yahoo.com/markets/article/supermicro-stock-jumps-on-gross-margin-raise-amid-record-60-billion-backlog-223037795.html
Yahoo Finance
Supermicro stock jumps on gross margin raise amid record $60 billion backlog
Supermicro stock jumped in after-hours trading as the company upped its gross margin guidance amid a record backlog of orders.
Nvidia touts Vera Rubin performance ahead of rival AMD's Advancing AI event
https://finance.yahoo.com/technology/article/nvidia-touts-vera-rubin-performance-ahead-of-rival-amds-advancing-ai-event-150000768.html
https://finance.yahoo.com/technology/article/nvidia-touts-vera-rubin-performance-ahead-of-rival-amds-advancing-ai-event-150000768.html
Yahoo Finance
Nvidia touts Vera Rubin performance ahead of rival AMD’s Advancing AI event
Nvidia is touting its Vera Rubin platform performance and Vera CPU capabilities ahead of AMD's Advancing AI event on Wednesday.
The bulls are circling Meta again, but investors should keep one thing in mind
https://finance.yahoo.com/markets/article/the-bulls-are-circling-meta-again-but-investors-should-keep-one-thing-in-mind-135007703.html
https://finance.yahoo.com/markets/article/the-bulls-are-circling-meta-again-but-investors-should-keep-one-thing-in-mind-135007703.html
Yahoo Finance
The bulls are circling Meta again, but investors should keep one thing in mind
The rally appears to be on as Meta heads into earnings.
3M stock jumps on raised outlook as company's turnaround gains traction
https://finance.yahoo.com/markets/article/3m-stock-jumps-on-raised-outlook-as-companys-turnaround-gains-traction-131529020.html
https://finance.yahoo.com/markets/article/3m-stock-jumps-on-raised-outlook-as-companys-turnaround-gains-traction-131529020.html
Yahoo Finance
3M stock jumps on raised outlook as company's turnaround gains traction
3M stock jumped on Tuesday after the industrial conglomerate beat Wall Street's earnings expectations and raised its full-year guidance.
#HKMarketUpdate
<Full-day Takeaway>HSI Closes at 24,892, Down 239 pts; HSTI Closes at 4,668, Down 146 pts; TENCENT Down over 7%; HSBC HOLDINGS, SITC Hit New Highs; Market Turnover Rises
2026/07/22 16:12 GMT+08
At close, HSI dropped 239 pts or 1.0% to 24,892. HSTI dropped 146 pts or 3.0% to 4,668. HSCEI fell 109 pts or 1.3% to 8,251. Market turnover reached $312.76 billion
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1534464/top-news/AAFN
<Full-day Takeaway>HSI Closes at 24,892, Down 239 pts; HSTI Closes at 4,668, Down 146 pts; TENCENT Down over 7%; HSBC HOLDINGS, SITC Hit New Highs; Market Turnover Rises
2026/07/22 16:12 GMT+08
At close, HSI dropped 239 pts or 1.0% to 24,892. HSTI dropped 146 pts or 3.0% to 4,668. HSCEI fell 109 pts or 1.3% to 8,251. Market turnover reached $312.76 billion
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1534464/top-news/AAFN
#HKMarketUpdate
<H Shrs>HSI Ends Down 239 Pts; TENCENT, NTES Each Slump 7%+; Kingboard Series Plunge; Gold Miners Rally Against Mkt
2026/07/22 16:46 GMT+08
The HSI closed the day at 24,892, down 239 pts or 0.95%, on turnover of HKD312.763 billion. The HSCEI closed at 8,251, down 109 pts or 1.31%. The HSTECH closed at 4,668, down 146 pts or 3.04%.
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1534474/top-news/AAFN
<H Shrs>HSI Ends Down 239 Pts; TENCENT, NTES Each Slump 7%+; Kingboard Series Plunge; Gold Miners Rally Against Mkt
2026/07/22 16:46 GMT+08
The HSI closed the day at 24,892, down 239 pts or 0.95%, on turnover of HKD312.763 billion. The HSCEI closed at 8,251, down 109 pts or 1.31%. The HSTECH closed at 4,668, down 146 pts or 3.04%.
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1534474/top-news/AAFN
#SgMarketUpdate
Singapore shares rise on Wednesday; STI up 1.2%
Singapore stocks ended higher on Wednesday (Jul 22) as global chip stocks rebounded, led by various semiconductor counters.
The benchmark Straits Times Index (STI) gained 1.2 per cent or 68.70 points to finish at 5,595.42. Across the broader market, gainers outnumbered losers 290 to 279 after 1.2 billion securities worth S$2.4 billion changed hands.
Yangzijiang Shipbuilding : BS6 +5.63% was the top gainer on Singapore’s blue-chip index, rising 5.6 per cent or S$0.21 to S$3.94.
The worst performer among the STI constituents was Singapore Airlines : C6L -1.8%, which declined 1.8 per cent or S$0.14 to S$7.65.
The three local banks ended higher. DBS : D05 +2.31% gained 2.3 per cent or S$1.66 to close at S$73.66, OCBC : O39 +1.89% rose 1.9 per cent or S$0.54 to S$29.18, and UOB : U11 +0.75% was up 0.7 per cent or S$0.32 at S$43.04.
Key regional indices were mixed. Hong Kong’s Hang Seng Index lost 1 per cent, Japan’s Nikkei 225 fell 0.2 per cent and the FTSE Bursa Malaysia KLCI declined 0.5 per cent, while South Korea’s Kospi was up 0.7 per cent...
The Singapore Exchange also saw the debut of three of its first US Singapore Depository Receipts (SDRs) – Sea, Grab and SpaceX – at Wednesday’s market open.
They turned in a muted performance, with the SpaceX US SDR (100 to 1) opening at S$1.63 and ending at S$1.61.
The Grab US SDR (2 to 1) opened at S$2.30 and closed at S$2.27, and the Sea US SDR (50 to 1) started at S$2.78 and finished at S$2.74....
https://www.businesstimes.com.sg/companies-markets/singapore-shares-rise-wednesday-sti-1-2
Singapore shares rise on Wednesday; STI up 1.2%
Singapore stocks ended higher on Wednesday (Jul 22) as global chip stocks rebounded, led by various semiconductor counters.
The benchmark Straits Times Index (STI) gained 1.2 per cent or 68.70 points to finish at 5,595.42. Across the broader market, gainers outnumbered losers 290 to 279 after 1.2 billion securities worth S$2.4 billion changed hands.
Yangzijiang Shipbuilding : BS6 +5.63% was the top gainer on Singapore’s blue-chip index, rising 5.6 per cent or S$0.21 to S$3.94.
The worst performer among the STI constituents was Singapore Airlines : C6L -1.8%, which declined 1.8 per cent or S$0.14 to S$7.65.
The three local banks ended higher. DBS : D05 +2.31% gained 2.3 per cent or S$1.66 to close at S$73.66, OCBC : O39 +1.89% rose 1.9 per cent or S$0.54 to S$29.18, and UOB : U11 +0.75% was up 0.7 per cent or S$0.32 at S$43.04.
Key regional indices were mixed. Hong Kong’s Hang Seng Index lost 1 per cent, Japan’s Nikkei 225 fell 0.2 per cent and the FTSE Bursa Malaysia KLCI declined 0.5 per cent, while South Korea’s Kospi was up 0.7 per cent...
The Singapore Exchange also saw the debut of three of its first US Singapore Depository Receipts (SDRs) – Sea, Grab and SpaceX – at Wednesday’s market open.
They turned in a muted performance, with the SpaceX US SDR (100 to 1) opening at S$1.63 and ending at S$1.61.
The Grab US SDR (2 to 1) opened at S$2.30 and closed at S$2.27, and the Sea US SDR (50 to 1) started at S$2.78 and finished at S$2.74....
https://www.businesstimes.com.sg/companies-markets/singapore-shares-rise-wednesday-sti-1-2
The Business Times
Singapore shares rise on Wednesday; STI up 1.2%
SGX’s first three US SDRs – Sea, Grab and SpaceX – end their debut with a muted performance Read more at The Business Times.
Stocks making the biggest moves premarket: Super Micro Computer, GE Vernova, Rocket Lab and more
https://www.cnbc.com/2026/07/22/stocks-making-the-biggest-moves-premarket-smci-gev-rklb.html?__source=androidappshare
https://www.cnbc.com/2026/07/22/stocks-making-the-biggest-moves-premarket-smci-gev-rklb.html?__source=androidappshare
CNBC
Stocks making the biggest moves premarket: Super Micro Computer, GE Vernova, Rocket Lab and more
These are the stocks posting the largest moves premarket.
Trump's push for American-made AI chips hits TSMC's margins
https://www.cnbc.com/2026/07/22/trump-pressure-ai-chips-us-tsmc-margins.html?__source=androidappshare
https://www.cnbc.com/2026/07/22/trump-pressure-ai-chips-us-tsmc-margins.html?__source=androidappshare
CNBC
Trump's push for American-made AI chips hits TSMC's margins
The Taiwan-based chipmaker has announced $200 billion in investment into U.S. manufacturing since Trump returned to power in 2025.
GE Vernova stock drops despite surging AI-driven orders as wind segment drags
https://finance.yahoo.com/markets/stocks/article/ge-vernova-stock-drops-despite-surging-ai-driven-orders-as-wind-segment-drags-131509298.html
https://finance.yahoo.com/markets/stocks/article/ge-vernova-stock-drops-despite-surging-ai-driven-orders-as-wind-segment-drags-131509298.html
Yahoo Finance
GE Vernova stock drops despite surging AI-driven orders as wind segment drags
GE Vernova stock dropped on Wednesday despite a beat on earnings as the company's wind segment continued to face challenges.
Tesla earnings are coming — here's how investors can protect against the downside: Alpha Options Playbook
https://finance.yahoo.com/markets/article/tesla-earnings-are-coming--heres-how-investors-can-protect-against-the-downside-alpha-options-playbook-123607298.html
https://finance.yahoo.com/markets/article/tesla-earnings-are-coming--heres-how-investors-can-protect-against-the-downside-alpha-options-playbook-123607298.html
Yahoo Finance
Tesla earnings are coming — here's how investors can protect against the downside: Alpha Options Playbook
Tesla stock has spent nearly a year going sideways. Wednesday's earnings could finally break the stalemate.
Intel to report Q2 earnings as chip stocks bounce off recent losses
https://finance.yahoo.com/markets/stocks/article/intel-to-report-q2-earnings-as-chip-stocks-bounce-off-recent-losses-121538508.html
https://finance.yahoo.com/markets/stocks/article/intel-to-report-q2-earnings-as-chip-stocks-bounce-off-recent-losses-121538508.html
Yahoo Finance
Intel to report Q2 earnings as chip stocks bounce off recent losses
Intel will report its Q2 earnings after the bell on Thursday.
Alphabet earnings offer a moment of truth in this tech stock battle
https://finance.yahoo.com/technology/article/alphabet-earnings-offer-a-moment-of-truth-in-this-tech-stock-battle-121514421.html
https://finance.yahoo.com/technology/article/alphabet-earnings-offer-a-moment-of-truth-in-this-tech-stock-battle-121514421.html
Yahoo Finance
Alphabet earnings offer a moment of truth in this tech stock battle
Will the divergence in semis vs. Mag 7 end?
A violent AI unwind is hiding beneath a resilient stock market: #Chart of the Day
https://finance.yahoo.com/markets/article/a-violent-ai-unwind-is-hiding-beneath-a-resilient-stock-market-chart-of-the-day-100000350.html
https://finance.yahoo.com/markets/article/a-violent-ai-unwind-is-hiding-beneath-a-resilient-stock-market-chart-of-the-day-100000350.html
Yahoo Finance
A violent AI unwind is hiding beneath a resilient stock market: Chart of the Day
Fear has surged in chip stocks while remaining remarkably contained across the broader market.
#USMarketUpdate
S&P 500 is little changed as oil prices jump, traders gear up for more earnings:
Live updates
https://www.cnbc.com/2026/07/21/stock-market-today-live-updates.html?__source=androidappshare
S&P 500 is little changed as oil prices jump, traders gear up for more earnings:
Live updates
https://www.cnbc.com/2026/07/21/stock-market-today-live-updates.html?__source=androidappshare
CNBC
Stock futures are little changed as investors gear up for more earnings: Live updates
Investors looked ahead to another busy day of corporate earnings, with several major technology and industrial companies set to report.