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Stock market today: Nasdaq leads Dow, S&P 500 futures higher as chip stocks revive
['July', 'Min Read']
Yahoo Finance
The tech-heavy Nasdaq Composite (^IXIC) jumped 1.3% as semiconductor names took center stage ahead of Big Tech results this week.
The Dow Jones Industrial Average (^DJI) moved up more than 0.7%, while the S&P 500 (^GSPC) gained 0.9% after stocks slipped on Monday amid rising US-Iran tensions.
Notably, the White House exempted Canadian oil imports from the tariffs, which come as crude oil prices trade at their highest level since mid-June.
Oil prices eased slightly on Tuesday morning after the latest flare-up in the US-Iran war drove Brent crude (BZ=F) prices, the international benchmark, back above $91 per barrel.
Anticipation continues to build for Big Tech results later this week — particularly from Alphabet (GOOG, GOOGL) on Wednesday — as investors scrutinize tech giants' AI spending plans.