Chip Stocks Fall as AI Trade Loses Steam
U.S. stocks fell as a fresh wave of selling hit semiconductor stocks, overshadowing record earnings from Taiwan Semiconductor Manufacturing and strong results from UnitedHealth.
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U.S. Retail Sales Rose at Slower Pace Last Month
Sales growth at U.S. retailers rose at a slower pace in June as consumers spent less on gasoline due to falling prices at the pump.
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U.S. Pending Home Sales Fell in June
The pending home sales index, a leading indicator of house sales based on contract signings, fell 5.4% in June to 72.5. Economists polled by The Wall Street Journal had forecast the reading to be flat.
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The Dallas Fed's Logan Says Interest Rates Need a Little Boost
Dallas Federal Reserve President Lorie Logan said that it will be necessary to raise interest rates "modestly" to bring inflation back down to 2%.
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U.S. Jobless Claims Unexpectedly Dropped Last Week
The number of people who filed for unemployment benefits was 208,000 in the week through July 11, 8,000 fewer than the upwardly revised 216,000 reported a week earlier, the Labor Department said.
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Sharp Drop in Diesel Supplies Threatens to Rev Up Inflation Again
Truckers and farmers are facing a supply crunch that is pushing prices higher.
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Eurozone Swung to Trade Deficit in May on Soaring Energy Costs
The eurozone swung to a trade deficit in May as energy prices continued to rise amid supply disruptions due to the war in the Middle East.
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Oil is facing a supply crunch - and the war in Iran isn't the only problem
Constraints on Russia's refining system have added to the existing crisis, strategists at J.P. Morgan said.
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U.K. Economy Grows Slightly as High Energy Costs Continue to Weigh
The economy returned to growth in May on robust services-sector activity, but faces renewed uncertainty with the resumption of U.S.-Iran hostilities around the Strait of Hormuz.
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Evicting Wall Street From the Housing Market Will Be Messy
A law restricting the activities of big investors in residential real estate could mean less cash to build new supply.
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U.S. to Impose 25% Tariff on Certain Goods From Brazil
The move follows a yearlong investigation by U.S. trade officials into what they described as unfair trade practices.
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Bank of Korea Raises Rate for First Time Since 2023
South Korea's central bank joined global peers to tighten policy in the face of inflation fueled by the U.S.-Iran conflict.
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South Korea Regulator Unveils Curbs on High-Risk ETFs
The Financial Services Commission is seeking to stabilize a stock market that has seen wild swings as individual investors use debt to chase profits amid AI-related jitters.
(END) Dow Jones Newswires
July 16, 2026 17:00 ET (21:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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