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US stocks today: US stocks end higher as semiconductors surge amid Mideast war intensifies

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US stocks today: US stocks end higher as semiconductors surge amid Mideast war intensifies
Wall Street’s main indexes closed ​higher on Tuesday, 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 for clues on the future of the AI trade.

Gains in recently battered semiconductor stocks provided huge support ‌for the main ⁠U.S. stock ⁠indexes and the Philadelphia SE Semiconductor Index rallied sharply in its second consecutive advance after ending Friday more than 20% below its late-June record high.

“Investors are really ​buying back in to the semis ahead of earnings because they have fear of missing out (FOMO), that these companies could report outsized earnings ​beats and increase their outlooks and they don’t own as much as they did before the most recent pullback,” said Lindsey Bell, chief investment strategist at 248 Ventures in Charlotte, North Carolina.

But Bell cautioned that when stocks rally sharply ahead of earnings, “it makes it ​more difficult for them to run in response to earnings.”

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“The numbers are going ⁠to be ‌really good, but the stocks are also priced for perfection,” she said. The chip index dipped last ​week as investors grew ​concerned about high valuations and hefty investments on artificial intelligence. But even after that drop, it ⁠is still up nearly 75% year-to-date.


According to preliminary data, the S&P 500 ​gained 64.04 points, or 0.86%, to end at 7,507.32 points, while the Nasdaq Composite gained 321.53 ​points, or 1.26%, to 25,829.61. The Dow Jones Industrial Average rose 384.46 points, or 0.74%, to 52,223.72.
Among the benchmark’s 11 major industry sectors, information technology led the gains during the session while consumer staples stocks lagged. Equity investors appeared to shrug off President Donald Trump’s unveiling of 50% tariffs on a wide range of imports from Canada on Monday. They also looked past geopolitics even as oil prices settled up 2% after hitting five-week highs. This was after two oil tankers carrying Saudi crude to Asia ‌reversed course in the Red Sea after Yemen’s Iran-aligned Houthis threatened to impose a blockade on commercial shipping there. Trump said the United States would respond if the Houthis followed through.”Investors see (the war) as transitory ​because we know ​two things – that $100 oil is a ⁠pressure point for Trump, and we also know that midterm elections are coming up,” Bell said.

Meanwhile, their focus this week will turn to results from Alphabet and chipmakers Intel and Texas Instruments. Among individual stocks, 3M shares rallied after the industrial giant lifted its ​full-year profit forecast. Hasbro stock climbed sharply after it raised annual revenue and profit forecasts, betting on demand for its digital gaming and “Magic: The Gathering” products. Danaher shares sank after the life sciences firm trimmed its core revenue growth outlook and reported weaker-than-expected revenue in its biotechnology business. MSCI shares tumbled after the index provider raised its full-year operating expense forecast despite better-than-expected quarterly revenue. And Genuine Parts shares dropped after the auto parts distributor lowered its full-year profit outlook.

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Tankers with Saudi crude turn back as Houthis open new front in US-Iran war

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Tankers with Saudi crude turn back as Houthis open new front in US-Iran war

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Japan’s exports jump in June on weak yen, AI-linked demand

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Japan’s exports jump in June on weak yen, AI-linked demand

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NPCT: High Leverage And Tight Spreads Equal A Clear ‘Sell’ (NYSE:NPCT)

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NPCT: High Leverage And Tight Spreads Equal A Clear 'Sell' (NYSE:NPCT)

This article was written by

With an investment banking cash and derivatives trading background, Binary Tree Analytics (‘BTA’) aims to provide transparency and analytics in respect to capital markets instruments and trades. BTA focuses on CEFs, ETFs and Special Situations, and aims to deliver high annualized returns with a low volatility profile. We have been investing for over 20 years after obtaining a Finance major at a top university.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Wall Street ends higher as chip stocks bounce back

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Wall Street ends higher as chip stocks bounce back

Wall Street’s main indices have closed higher, 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.

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More than 2,000 flights canceled as East Coast storms hit

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More than 2,000 flights canceled as East Coast storms hit

At least 7,000 flights were disrupted Tuesday as severe thunderstorms swept across the East Coast, snarling air travel at some of the nation’s busiest airports.

More than 2,000 flights within, into or out of the United States were canceled, while over 5,000 others were delayed, according to FlightAware.

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The storms prompted flood warnings and tornado watches across parts of the Northeast on Tuesday. Weather and emergency officials indicated at least two tornadoes were spotted — one in northeast Pennsylvania and another in northern New Jersey, according to Fox Weather. 

Airports in the New York City area, Boston, Philadelphia and Washington, D.C., experienced some of the most significant disruptions.

FAA BEGINS DJT TRANSITION AS TRUMP AIRPORT NAME TAKES EFFECT

passengers waiting at gate with luggages

Delta Air Lines passengers wait to retrieve luggage after flight cancellations at La Guardia Airport July 18, 2026.  (Erik McGregor/LightRocket / Getty Images)

The Federal Aviation Administration (FAA) issued ground stops for at least eight U.S. airports due to the thunderstorms, including: 

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  • Maryland – Baltimore/Washington International Airport (BWI)
  • Massachusetts – Boston Logan International Airport (BOS)
  • New Jersey – Newark Liberty International Airport (EWR)
  • New Jersey – Teterboro Airport (TEB)
  • New York – LaGuardia Airport (LGA)
  • New York – Westchester County Airport (HPN) in White Plains
  • Pennsylvania – Philadelphia International Airport (PHL)
  • Virginia – Ronald Reagan Washington National Airport (DCA)
  • Virginia – Washington Dulles International Airport (IAD)

Canada’s Toronto Pearson International Airport (YYZ) also received a ground stop.

HOUSE PASSES DAYLIGHT SAVING TIME REFORM AS TRUMP SIGNALS SUPPORT FOR ENDING CLOCK CHANGE

american airline planes at terminal

A passenger plane is stationed at a gate during severe weather at LaGuardia Airport in New York Feb. 22, 2026.  (Charly Triballeau/AFP / Getty Images)

While John F. Kennedy International Airport (JFK) was not under a ground stop as of Tuesday afternoon, it was experiencing an average ground delay of about four hours due to the severe weather, according to FlightAware. 

In the New York City metropolitan area alone, nearly 600 departing flights had been canceled and more than 500 others delayed, the outlet reported.

Figures are expected to rise as the storms continue to move through the region.

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people walk in nyc during rain

People walk through the rain along 5th Avenue in Manhattan on June 22, 2026, in New York City.  (Spencer Platt / Getty Images)

Several U.S. airlines issued travel advisories and flexible rebooking options for affected passengers.

“Repeated rounds of severe weather across the Northeast and Mid-Atlantic have significantly disrupted travel plans for many of our customers. Our teams are working around the clock to help affected customers reach their destinations,” JetBlue said. 

The airline said customers whose flights were affected may rebook travel through Sunday or request a refund to their original form of payment. 

Ticker Security Last Change Change %
UAL UNITED AIRLINES HOLDINGS INC. 117.70 +0.18 +0.15%
JBLU JETBLUE AIRWAYS CORP. 5.35 -0.10 -1.83%
AAL AMERICAN AIRLINES GROUP INC. 15.28 +0.14 +0.92%

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United Airlines said it is waiving trip change fees for eligible customers who rebook flights departing by Thursday.

“You can reschedule your trip, and we’ll waive change fees and fare differences. But your new flight must be a United flight departing between July 20, 2026, and July 23, 2026,” the airline said. “Tickets must be in the same cabin and between the same cities as originally booked.”

American Airlines said it will notify affected customers by email or through its mobile app. Eligible travelers must rebook by Wednesday, with new travel scheduled by Friday. 

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(VIDEO) 10 Things to Know About TUIDE, HYBE’s Highly Anticipated New K-Pop Girl Group Set to Debut This Year

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K-pop powerhouse HYBE unveiled the name of its newest girl group, TUIDE, on Monday, sparking a wave of anticipation ahead of the septet’s planned debut later this year. Here are 10 things to know about the group as fans gear up for their arrival.

1. The group’s name comes from a specific phrase

TUIDE’s name is a creative play on the phrase “tune the tide,” reflecting the group’s stated ambition to absorb the world’s many changing cultural and musical currents and tune them into new forms of enjoyment, according to an official press release from the group’s label. The imagery is meant to evoke the ocean, symbolizing TUIDE’s goal of creating a new wave within K-pop.

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2. TUIDE has seven members

The group consists of seven members: Seohee, Seoyeon, Elena, Jia, Saki, Seah and Yi Hani, according to HYBE’s official announcement. The members are set to showcase distinct individual personalities while working together to create a harmonious group sound and performance style.

3. One member has a notable family connection to another K-pop group

Among TUIDE’s members is Seoyeon, the younger sister of Jihyo, the leader of the established K-pop girl group Twice, according to the Korea Herald. Seoyeon was among three members who first appeared in an earlier teaser video released in May, introducing the label behind TUIDE’s creation.

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4. TUIDE will be the first group under a brand-new HYBE label

TUIDE will debut under ABD, a newly established HYBE label focused exclusively on developing girl groups. ABD, whose name stands for “A Bold Dream,” officially launched in May with a stated mission of pursuing the intrinsic joy of music while exploring new creative possibilities within K-pop, according to a statement from HYBE at the time.

5. A veteran producer is leading the group’s creative direction

TUIDE’s overall production, including its music, concepts and performances, is being led by Han Sung-soo, the founder of Pledis Entertainment. Han has a lengthy track record of shaping successful K-pop acts, having previously produced girl group After School as well as boy bands Seventeen and TWS. Han was named one of Billboard’s Indie Power Players in May, according to the Korea Herald.

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6. ABD is led by a former Pledis Entertainment executive

The ABD label itself is headed by Jiwon No, who previously served as Head of Artist Planning at Pledis Entertainment, according to Music Business Worldwide. No oversees the label’s overall management and strategic direction as TUIDE prepares for its debut.

7. The group’s name and logo were revealed through a stylized teaser

ABD launched TUIDE’s official social media channels at midnight KST on July 20, unveiling the group’s name alongside a logo motion video. According to allkpop, the visual featured different colors blending seamlessly into vibrant new hues before the group’s name and logo appeared, symbolizing the members’ individual talents merging into a unified identity.

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8. TUIDE is taking an unconventional approach to pre-debut marketing

As part of a distinctive promotional strategy, TUIDE’s official Instagram account turned private starting July 21 for an unspecified period, a deliberate marketing choice intended to build anticipation and create an interactive storytelling experience for fans ahead of the group’s full debut, according to the Korea Daily.

9. Fans can attend an exclusive pre-debut event in Seoul

TUIDE is scheduled to hold an exclusive pre-debut experience called “TUIDE Exclusive Preview [Playground]” in Seoul from August 1 to 2, according to Forbes, giving fans an early opportunity to engage with the group ahead of its official music debut later in the year.

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10. TUIDE joins an expanding roster of HYBE girl groups

With TUIDE’s upcoming debut, HYBE continues to grow its lineup of girl groups across its various sub-labels, joining acts including Le Sserafim under Source Music, NewJeans under Ador, Illit under Belift Lab and Katseye under HYBE Labels, according to the Korea Times. TUIDE’s launch also comes as HYBE expands its search for girl-group talent internationally, having opened nationwide auditions in India through HYBE India earlier this year, alongside a second global girl-group project launched in Japan through its joint venture with Universal Music Group’s Geffen Records.

With TUIDE’s name, logo and member lineup now confirmed, fans can expect additional promotional content to roll out in the coming weeks, culminating in the group’s official debut sometime in the second half of 2026. Given Han Sung-soo’s track record producing multiple successful HYBE acts and the broader company’s continued global expansion strategy, TUIDE is positioned as one of the more closely watched rookie debuts in K-pop this year, with additional details about the group’s music and concept expected to emerge as its debut date approaches.

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Nike to cut off thousands of online distributors in China

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Nike to cut off thousands of online distributors in China

The Nike flagship store in Nanjing Road Walkway in Shanghai, Nov. 4, 2025.

Cfoto | Future Publishing | Getty Images

Nike is planning to cut off thousands of online distributors in China beginning in January as the sneaker giant looks to clean up what’s become a messy digital marketplace and get the region back to growth, the company said Tuesday. 

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Starting next year, Nike’s online footprint will shift primarily to the retailer’s official website and app, and the storefronts it operates on Tmall, JD.com and Douyin, some of China’s largest online marketplaces and social platforms. 

Currently, consumers can shop Nike through all of those channels as well as thousands of other online storefronts powered by Nike’s brick-and-mortar partners in the region and a network of secondary distributors. While the vast digital network has led to widespread consumer access to Nike’s products, it’s also created an inconsistent branding and pricing experience and hampered the company’s efforts to reverse a sales decline in the region. 

“These new flagships will serve as the single, elevated destination for Nike within these ecosystems, with clearer product presentation, stronger storytelling and more connected consumer journeys,” Cathy Sparks, Nike’s new vice president and general manager of Greater China, wrote in a letter. “This is about strengthening the platforms where consumers already begin and end their shopping journey, making sure those experiences are direct, consistent and unmistakably Nike.”

“This is not about reducing access. It is about reducing fragmentation and strengthening the consumer journey,” she said. “When the experience is consistent, the brand becomes stronger.” 

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Nike’s plans to pare back its online footprint are designed to create a better, more consistent experience for the consumer and allow it to take back pricing control online. However, there are also concerns it could lead to a material drop in revenue in a region that’s already shrunk about 30% in the last five years. 

News about Nike’s plans to cut off online distributors first came to light late last month in a local Chinese media report. It prompted a note from BNP Paribas equity analyst Laurent Vasilescu, who wrote the move is reminiscent of Nike’s ill-fated decision to cut off wholesalers in North America, which contributed to its collapse of market dominance in the region, as well as steep declines in sales and margins. 

“This strategy opened up shelf space for competitors and the strategy ended poorly for Nike. We believe the same could happen if it takes the same approach in China,” Vasilescu wrote last month, adding that BNP was sticking with its underperform rating for the company. “We don’t think Nike has a distributor problem but rather a product problem which also applies in other markets.” 

The change is also expected to hurt Nike’s brick-and-mortar partners in the region, which have expanded their online presence in recent years to grow their own businesses. 

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Still, Topsports, Nike’s largest distributor in mainland China, said it supports the company’s decision. 

“Topsports has worked with Nike for 27 years based on the principle of mutual benefit and shared growth,” Topsports CEO Yu Wu said in a statement. “This adjustment will bring some short-term pressure to our business. But we firmly believe that, over the medium- to long-term, this direction will help promote a healthier, more orderly, and more sustainable retail ecosystem in China, while further improving consumer experience and product appeal.”

“Looking ahead, we will continue to work closely with Nike, leveraging our strengths in offline retail operations, local consumer service, and deep market development across city tiers,” Wu said. “Through new concept sport stores and high-quality physical retail experiences, we will bring Chinese consumers richer and more meaningful sport experiences.”

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Intersnack to buy Utz in $2.9 billion deal

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Intersnack to buy Utz in $2.9 billion deal

Transaction expected to close later this year.

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LBB Specialties boosting Ruby Bio’s fermented ingredient platform

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LBB Specialties boosting Ruby Bio’s fermented ingredient platform

LBB advancing market readiness of Ruby Bio’s palm-free emulsifiers.

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Savor, AAK collaborate on sustainable fats

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Savor, AAK collaborate on sustainable fats

AAK makes equity investment in Savor’s carbon-to-fat conversion platform.

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