Wall Street rises as semiconductor shares gain

Update

Wall Street stocks rose early Tuesday, helped by gains in semiconductor shares.

About 10 minutes into trading, the Dow Jones Industrial Average was up 0.2 percent at 51,956.38.

The S&P 500 gained 0.4 percent to 7,471.76, and the Nasdaq Composite advanced 0.8 percent to 25,713.49.

Broadcom, Marvel Technology and Micron rose.

Interactive Brokers' Steve Sosnick said the semiconductor shift was enough to change the mentality of the overall market.

Markets were also considering Donald Trump's announcement of plans for new 50-percent tariffs on many Canadian goods.

3M shares rose 8.0 percent after the company raised its full-year forecast following higher second-quarter profits.

Source note: AFP news report published on 21 July 2026 at 13:49:45 UTC.

Update

Oil prices rose 1.0 percent as Iran targeted US radar and air defence installations in the Gulf.

European stock markets posted modest midday gains.

London's FTSE 100 reacted positively to John Healey's appointment as finance minister.

Investors were watching British bond yields after Prime Minister Andy Burnham said he would remove tax on household electricity bills.

General Motors raised its full-year profit forecast after quarterly results.

Source note: AFP news report published on 21 July 2026 at 11:18:35 UTC.

Update

Tokyo closed up 3.26 percent, Seoul rose 3.6 percent and Shanghai closed up 1.79 percent, while Hong Kong was slightly lower.

Early European trading was mixed, with Frankfurt and Paris slightly higher and London slightly lower.

The source gives oil prices around 0800 GMT, with West Texas Intermediate down 0.6 percent at $82.71 and Brent down 0.8 percent at $88.47.

The US said new attacks late Monday were intended to further weaken Iranian military capabilities used against commercial shipping in the Strait of Hormuz.

The Iranian army said it targeted US assets in Kuwait and Bahrain, including air defence systems, radar installations and administrative buildings.

Houthi rebels said they would blockade Saudi ports.

President Donald Trump signed orders to impose new 50-percent tariffs on many Canadian goods.

Official data showed UK government borrowing fell more than expected in June.

Source note: AFP news report published on 21 July 2026 at 08:20:40 UTC.

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Asian stocks mostly rebounded on Tuesday after days of losses, led by technology shares.

Japan's Nikkei rose about 1.75 percent and Seoul's Kospi rose 3.6 percent in early trade.

Oil prices eased slightly, with WTI down 0.3 percent at $82.98 and Brent down 0.63 percent at $88.59 around 0300 GMT.

Iran's Revolutionary Guards said they hit US military targets, including air defence systems, in Bahrain and Kuwait.

The Houthi rebels said they would blockade Saudi ports.

US President Donald Trump signed orders for new 50-percent tariffs on many Canadian goods.

British gilt yields rose after comments by new Prime Minister Andy Burnham about public finances worried bond investors.

US Secretary of State Marco Rubio condemned what he called dangerous and aggressive actions by China after a clash with the Philippine navy in the South China Sea.

Source note: AFP news report published on 21 July 2026 at 03:29:02 UTC.

Update

Leading Wall Street indices closed lower, with the Nasdaq down 1.5 percent, the S&P 500 down 0.5 percent and the Dow down 0.2 percent.

Oil prices were lower around 2020 GMT, with Brent down 0.9 percent at $84.23 a barrel and West Texas Intermediate down 0.9 percent at $78.95.

Rystad Energy analysts raised the odds that no substantive agreement emerges between the United States and Iran to 55 percent.

US retail sales rose 0.2 percent month-on-month, slower than May's 1.0 percent increase but in line with analysts' expectations.

Source note: AFP news report published on 16 July 2026 at 20:45:28 UTC.

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Oil prices were flat around 1530 GMT after earlier movement tied to the US-Iran strikes.

TSMC shares fell around two percent in New York despite positive forward guidance and a reported 77 percent rise in second-quarter net profit to a record high.

TSMC said it would invest an additional $100 billion in Arizona.

US retail sales rose 0.2 percent month-on-month in June after a 1.0 percent rise in May, according to Commerce Department data cited in the source.

Delivery Hero said it agreed to be taken over by Uber in a 12.7-billion-euro deal.

Yemen's Houthis warned they would target Saudi oil facilities and other infrastructure if conflict escalates.

Capital Economics analysts said Houthi action or closure of traffic in the Bab el-Mandeb Strait would increase the chances of a sharp global slowdown meeting most definitions of recession.

The item provides updated closing and intraday figures for major stock indices, currencies and oil.

Source note: AFP news report published on 16 July 2026 at 15:59:42 UTC.

Update

Wall Street opened lower, with the Nasdaq down 0.4 percent, while later key figures showed the Dow up 0.3 percent, the S&P 500 down 0.2 percent and the Nasdaq down 0.4 percent around 1330 GMT.

Brent and West Texas Intermediate crude were both up 1.1 percent around 1330 GMT.

TSMC said second-quarter net profit rose more than 77 percent to a record high and said it would invest an additional $100 billion in Arizona.

Nvidia chief Jensen Huang said in Tokyo that the artificial intelligence technology cycle was still near its beginning.

US retail sales rose 0.2 percent in June after a 1.0 percent rise in May, while sales excluding gasoline stations rose 0.7 percent.

Delivery Hero said it had agreed to be taken over by Uber in a 12.7-billion-euro deal.

The report listed coming results from Netflix, Alphabet, Tesla, Amazon, Apple, Meta and Microsoft.

Source note: AFP news report published on 16 July 2026 at 13:51:28 UTC.