Nightly Market Digest
Thursday, July 9, 2026
Dow Jones 52,487.41 +0.27%S&P 500 7,543.64 +0.81%Nasdaq 26,206.89 +1.30%Russell 2000 2,992.54 +1.22%VIX 15.84 -6.27%Gold 4,133.60 +1.25%WTI Crude 71.83 -2.30%
Wall Street broadly advanced on Thursday as investors seemingly "bought the war," shaking off geopolitical jitters from fresh U.S. airstrikes against Iran and retaliatory fire in the Middle East. The Nasdaq led the charge, surging +1.30% to 26,206.89, while the S&P 500 added +0.81% to close at 7,543.64 and the Dow Jones ticked up +0.27% to 52,487.41. The Russell 2000 also posted strong gains of +1.22% (2,992.542), as the VIX retreated -6.27% (15.84), Gold climbed +1.25% (4,133.6), and stabilized Treasury yields calmed markets following subdued weekly jobless claims of 218.75k.
Sectors in focus:
- Tech & Machinery Surge: Semiconductors & Related Devices jumped +4.42%, fueled by Micron (+6.8%) announcing a $50B domestic expansion and news that SK Hynix's upcoming U.S. ADR IPO is 7x oversubscribed. Broadcom (+7.7%) joined the rally, pulling Computer Storage Devices (+4.82%) and Special Industry Machinery, NEC (+5.77%) higher.
- Energy & Defense Lag: Despite the Middle East conflict, WTI Crude slid -2.30% to 71.83 after the EIA reported a 3M barrel inventory build and traders bet against long-term military escalation. This dragged Crude Petroleum & Natural Gas (-2.02%) and Drilling Oil & Gas Wells (-1.72%) lower. Guided Missiles & Space Vehicles & Parts also lagged, dropping -2.21%.
- Consumer Staples Slip: Food and Kindred Products fell -2.87% after PepsiCo (-3%) unofficially kicked off Q2 earnings with mixed results, warning of weaker U.S. consumer spending tied to high gas prices.
On the radar:
- Jul 10: Delta Air Lines (DAL) Q2 earnings
- Jul 14: June Consumer Price Index (CPI) report (est. 4.2% YoY) and major bank earnings (JPMorgan, Citigroup, Wells Fargo, Goldman Sachs, Bank of America)
- Jul 15: June Producer Price Index (PPI) report and ASML Q2 earnings (a major semiconductor equipment catalyst)
- Jul 28-29: FOMC meeting (Fed Chair Kevin Warsh's first major policy window)
Market sectors
Upcoming earnings
PEP Jul 9 (before open)DAL Jul 9 (before open)FAST Jul 13 (before open)FBK Jul 13 (after close)JPM Jul 14 (before open)BAC Jul 14 (before open)GS Jul 14 (before open)WFC Jul 14 (before open)C Jul 14 (before open)ACI Jul 14 (before open)JNJ Jul 15 (before open)MS Jul 15 (before open)
Today's top bullish signals — top 5
Short squeeze setups — tonight's top 5
| # | Ticker | Company | Readiness | Short float | Days to cover |
|---|---|---|---|---|---|
| 2 | KPTI | 79 | 31% | 16.8 | |
| 3 | SION | 77 | 60% | 13.9 | |
| 4 | TYRA | 77 | 35% | 9.2 | |
| 5 | ANNX | 77 | 31% | 9.3 |
View all short squeeze candidates →
Theme turnarounds
| Theme | Net flip | Bull / Bear | Names flipping bullish |
|---|---|---|---|
| Oil & Gas (250) | +11.60% | 12% / 0% | BATL, BP, BWLP, CNQ, COP |
| Shipping & Maritime (69) | +11.60% | 12% / 0% | BWLP, CCEC, CMDB, FLNG, HSHP |
| Healthcare - Oncology (271) | +4.50% | 6% / 2% | ADCT, AKTX, ATOS, BBOT, CHRS |
| Education & EdTech (71) | +4.20% | 6% / 1% | CVSA, GOTU, HURN, SKIL |
| Cloud & SaaS (334) | +3.90% | 5% / 1% | AKAM, APPN, BABA, BAND, CALX |
| Digital Health & Telemedicine (101) | +3.00% | 4% / 1% | CNDT, HURN, NXL, ONMD |