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FinanceU.S. stocks rise as investors return to AI trade amid easing Iran tensions
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On July 9, 2026, U.S. stocks rose, led by the tech-heavy Nasdaq, as investors shifted focus back to artificial intelligence trades following signs of de-escalation in U.S.-Iran tensions. President Trump stated that Iran called seeking a deal, though the U.S. and Iran exchanged fire again overnight, with Washington reporting strikes on 90 military targets. Oil prices slipped and Treasury yields edged lower. The market rally was further supported by anticipation of SK Hynix's U.S.-listed shares debut, with the South Korean chip giant expected to price its offering later that day. Global indexes were mostly higher as wartime jitters subsided.
Source report
Caitlin McCabe Thu, July 9, 2026 at 9:50 AM PDT | 1 min read
Brendan Mcdermid / Reuters
Investors' wartime jitters are subsiding.
Oil prices are slipping and U.S. stocks are advancing, led by the tech-heavy Nasdaq. Indexes around the world are also mostly higher. Treasury yields are slightly lower.
The moves follow President Trump's comments yesterday that Iran called him seeking a deal, signaling that at least one, if not both, countries would prefer to end the fighting that has broken out this week. The U.S. and Iran exchanged fire again last night, with Washington saying it struck 90 military targets.
With tensions potentially softening, traders are turning some of their attention back to the artificial intelligence trade ahead of the debut of SK Hynix's U.S.-listed shares tomorrow. The South Korean chip giant is expected to price its offering later today.
Write to Caitlin McCabe at caitlin.mccabe@wsj.com
Source
Yahoo FinanceWestern
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