US Stocks Waver on Friday

2026-07-10 13:40 By Andre Joaquim 1 min. read

US stock indices were mixed on Friday with more volatility for heavyweight chip producers clashed against a pullback in Treasury yields, aiding traditional economic sectors.

The S&P 500 and the Dow inched, higher, while the Nasdaq 100 fell 0.5%.

The SK Hynix ADRs were due to begin trading in domestic stock exchanges for the largest first-time share sale by a foreign company.

Reports that the offering was seven times oversubscribed lifted AI infrastructure companies, especially boosting memory producers after Micron increased its investment guidance.

The speculative sector trimmed yesterday’s increase with Micron and Sandisk down over 2% each.

In turn, the Dow inched higher as it is not directly exposed so chip producers.

Financial companies and traditional economic sectors enjoyed some respite as oil prices halted their rebound and softened concerns of another rate hike by the Fed.

Also, Delta added 2% on strong earnings and a dividend increase.



News Stream
US Stocks Waver on Friday
US stock indices were mixed on Friday with more volatility for heavyweight chip producers clashed against a pullback in Treasury yields, aiding traditional economic sectors. The S&P 500 and the Dow inched, higher, while the Nasdaq 100 fell 0.5%. The SK Hynix ADRs were due to begin trading in domestic stock exchanges for the largest first-time share sale by a foreign company. Reports that the offering was seven times oversubscribed lifted AI infrastructure companies, especially boosting memory producers after Micron increased its investment guidance. The speculative sector trimmed yesterday’s increase with Micron and Sandisk down over 2% each. In turn, the Dow inched higher as it is not directly exposed so chip producers. Financial companies and traditional economic sectors enjoyed some respite as oil prices halted their rebound and softened concerns of another rate hike by the Fed. Also, Delta added 2% on strong earnings and a dividend increase.
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The Dow Jones Index Opens 0.20% Higher
The Dow Jones Index is picking up 105 points or 0.20 percent on Friday. Gains are led by Microsoft (1.80%), American Express (1.16%) and Nike (1.15%). Biggest losers are Alphabet (-1.22%), UnitedHealth (-0.92%) and McDonalds (-0.78%).
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US Futures Maintain Mixed Momentum
Futures tracking US indices were mixed on Friday, extending the momentum of a volatile week as chip producers pared yesterday’s rally and lower Treasury yields aided traditional economic sectors. Contracts for the S&P 500 inched down and those for the Nasdaq 100 fell nearly 1%. SK Hynix ADRs were due to begin trading in domestic stock exchanges for the largest first-time share sale by a foreign company. Reports that the offering was seven times oversubscribed lifted AI infrastructure companies, especially boosting memory producers after Micron increased its investment guidance. The speculative sector trimmed yesterday’s increase with Micron and Sandisk down over 2% each premarket. In turn, the Dow inched higher as it is not directly exposed so chip producers. Financial companies and traditional economic sectors enjoyed some respite as oil prices halted their rebound and softened concerns of another rate hike by the Fed. Also, Delta added 2% on strong earnings and a dividend increase.
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