From the Desk - Economic Commentary
Brandon Casey, Member Strategies - 7/13/2026
U.S. equity markets are mixed this morning, with technology and semiconductor shares at the forefront. The S&P 500 and Nasdaq are lower, while the DJIA is higher as investors react to renewed tensions between the U.S. and Iran over the weekend and a sharp pullback in chip stocks. Oil prices, driven by concerns surrounding the Strait of Hormuz and Middle East developments, have added to inflation concerns. Investors are also preparing for a busy week of second-quarter earnings reports from major financial institutions and key inflation releases, both of which could influence expectations for Federal Reserve policy.
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