Wall Street futures pointed mixed and muted pre-bell Friday, as traders awaited South Korean chipmak
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South Korean memory-chip maker SK Hynix is poised to make its U.S. trading debut on Friday. The company will trade through American depositary receipts under the Nasdaq ticker SKHY. Late Thursday, SK Hynix sold 177.
🔎 SK Hynix (KR:000660): The South Korean chipmaker will join the Nasdaq in the largest-ever market debut by a foreign company, after raising $26.51 billion in yesterday’s offering. ↗️EasyJet (UK: EZJ): Shares in the U.
Heading into Friday trading the blue-chip Dow Jones Industrial Average index is down 412.66 points, or 0.78%, this week to 52487.41. If it continues to progress, that would mark two consecutive weeks of gains and the largest two-week points and percentage gain since the week ending May 8, 2026. Like the S&P 500, it can also bank two consecutive weeks of gains, which would represent the largest two-week points and percentage gain since the week ending May 15, 2026.
Nasdaq futures were lower and European technology stocks slipped in early trade, as investors looked cautiously ahead of SK Hynix’s New York listing later Friday.
South Korea's Kospi led gains across most Asian markets Friday as a record-breaking US share sale by chip titan SK hynix breathed fresh life into the tech sector after weeks of selling.Seoul's Kospi jumped more than five percent at one point Friday before paring the gains, though SK hynix dipped, having added around five percent Thursday.
The artificial-intelligence rally looked set to fizzle out on Friday as investors opted to lock in some profit following a session of gains for tech. Nasdaq 100 futures fell 0.4%. Dow Jones Industrial Average futures ticked up 38 points, or 0.1%.
In recent days, Arm Holdings reported that licensing and other revenues rose 29% year on year to US$819 million, with royalties up 11%, reflecting strong demand for its semiconductor intellectual property across artificial intelligence, cloud, mobile, and custom silicon markets, while AI-related enthusiasm also helped lift chip and memory peers across the Nasdaq. Arm is also preparing to release its first-quarter fiscal 2027 results later in July and promoting its new AGI CPU for AI...

<body><p>STORY: U.S. stocks closed higher on Thursday, with the Dow adding more than a quarter of a percent, the S&P 500 climbing more than eight-tenths of a percent and the tech-heavy Nasdaq gaining 1.3%</p><p>:: Micron Technology</p><p>Chip stocks rallied, sparked by a 4.5% jump in shares of Micron Technology. The memory chip maker laid out plans to invest more than $250 billion in domestic chip manufacturing through 2035 to boost supply amid the AI boom.</p><p>Micron's peers also joined the rally, with Applied Materials climbing more than 3% and SanDisk surging over 7.5%.</p><p>AI-related stocks have been volatile lately as investors worried about the sustainability of a rally that has helped Wall Street reach record levels in 2026.</p><p>Gina Martin Adams is chief market strategist at HB Wealth.</p><p>"Tech has obviously been in the limelight of equity markets for a while, but that worked against stocks in the month of June. We'll see if the month of July brings something different. Obviously, the sector is dealing with a lot of issues, including the upcoming earnings season, where expectations are pretty high, as well as a tremendous amount of new shares coming to the market. First with SpaceX and now with SK Hynix out of South Korea."</p><p>Shares of Meta Platforms rose more than 4.5% after Reuters reported that the company plans to manufacture AI chips starting in September.</p><p>:: PepsiCo</p><p>Elsewhere in the market, shares of PepsiCo fell more than 3% despite the company beating second-quarter revenue estimates. PepsiCo warned of higher commodity costs in the second half of the year at a time when the snack and beverage giant is increasing investments and lowering prices to attract value-conscious consumers.</p><p>And shares of Costco sank more than 4% to a six-month low after the retailer reported decelerating comparable sales for June.</p></body>
In the most recent trading session, Western Union (WU) closed at $7.82, indicating a +1.3% shift from the previous trading day.
In the most recent trading session, AngloGold Ashanti (AU) closed at $81.91, indicating a +2.61% shift from the previous trading day.
Steel Dynamics (STLD) closed the most recent trading day at $222.06, moving 2.93% from the previous trading session.
Teladoc (TDOC) closed the most recent trading day at $9.21, moving +1.54% from the previous trading session.
ATI (ATI) closed at $188.36 in the latest trading session, marking a +1.49% move from the prior day.
Coinbase and Grayscale both lose a top executive as Paul Grewal and Edward McGee step down, with internal successors named.
Snap (SNAP) concluded the recent trading session at $4.7, signifying a +1.51% move from its prior day's close.
Star Bulk Carriers (SBLK) closed the most recent trading day at $25.88, moving 2.19% from the previous trading session.
The latest trading day saw ConocoPhillips (COP) settling at $108.02, representing a -2.44% change from its previous close.
In the closing of the recent trading day, Signet (SIG) stood at $83.53, denoting a +2.54% move from the preceding trading day.
(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first pa
On July 9, 2026, leading cryptocurrencies posted gains as news reports sparked hope that digital asset legislation may reach the Senate this month.
FINANCE U.S. stocks rose as fears about a return to full-blown war in Iran subsided, bringing down oil prices and quelling inflation expectations. The Dow Jones Industrial Average rose 139.02, or 0.27%, to 52487.
Stocks rose, and oil prices eased as financial markets calmed a day after President Donald Trump raised doubts about the temporary truce in the war with Iran. The Dow Jones Industrial Average added 0.3%, and the Nasdaq composite rose 1.3%. The Nasdaq composite rose 336.24 points, or 1.3%, to 26,206.89.
The broadening trade was in full effect on Thursday, but that doesn’t mean tech was left behind. The Nasdaq led gains, up 1.3%. The S&P 500 rose 0.8%. The Dow inched up 129 points or 0.3%. But unlike the narrow leadership that dominated previous AI bull market rallies, Big Tech wasn’t the only one pulling its weight.
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe
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