Wall Street Opens Mixed as AI Chips Slide, Energy Eases and Defense Leads Early Rotation
Executive summary: U.S. markets opened with a sharp split at 9:40 a.m. New York time, as the Nasdaq and S&P 500 fell while the Dow held a small gain. The biggest early move was a steep drop in AI and chip stocks, while defense shares, banks and some non-tech defensives outperformed. Crude oil and natural gas also fell hard, helping ease energy pressure, while gold was little changed and Bitcoin edged higher. [Continue Reading]
360LiveNews Markets Intelligence | 29 Jul 2026 14:45 LONDON
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Tokyo and Asia-Pacific close sharply mixed as Japan and Korea sell off, Hong Kong and Australia rally
Executive summary: Asia-Pacific trading ended with a stark split, as Japan and South Korea suffered heavy losses while Hong Kong and Australia advanced. The Nikkei 225 -7.5% and Kospi -16.7% led the regional decline, while the Hang Seng rose +3.3% and the ASX 200 gained +2.4%. The move came alongside a weaker WTI crude price, softer gold, a firmer dollar against the yen, and broad pressure on autos and risk-sensitive assets. [Continue Reading]
360LiveNews Markets Intelligence | 29 Jul 2026 07:45 LONDON
