Lee Jackson
Tue, July 14, 2026 astatine 6:55 AM CDT 6 min read
Quick Read
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Trump's rocket strikes connected Iran and seizure of the Strait of Hormuz sent Brent Crude surging 9% and pushed the Nasdaq down 2% Monday.
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KeyBanc chopped AAPL to Underweight portion Mizuho slashed CRCL's terms people from $85 to $40, reflecting crisp bearish turns connected tech and crypto.
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This lithium shaper surpassed a $1B backstage valuation, joining immoderate of America's astir almighty startups. Now you tin invest successful EnergyX alongside planetary giants similar General Motors, but lone done July 16. (sponsor)
Pre-Market Stock Futures:
Futures are trading mixed arsenic it looks similar it's "game on" again with Iran, arsenic they made what appears to beryllium a tactical mistake by firing connected ships successful the Gulf, truthful President Trump returned the favour with immoderate monolithic rocket attacks. In addition, helium said the U.S. was taking power of the Strait of Hormuz to guarantee ships could walk safely, and restarting the blockade connected Iran. All of this led sellers returning connected Monday to commencement hitting bids earlier the marketplace opened, and each of the large marketplace indices finished the time lower, with chips and exertion taking the biggest hits. The Nasdaq closed down 1.55% astatine 25,873, portion the Russell 2000 small-cap scale closed down 0.86% astatine 2,952. The S&P 500 finished the time astatine 7,515, down 0.79%, and erstwhile again, the bequest Dow Jones Industrial Average finished the champion connected Monday, down 0.26% astatine 52,498.
Treasury Bonds:
The sellers returned to the Treasury analyzable connected Monday, arsenic yields were higher crossed the full curve. The restart of warring instantly sparked concerns of higher vigor prices, bringing Wall Street and investors backmost to the imaginable interaction connected inflation. That, successful turn, shifted the absorption backmost to imaginable complaint hikes earlier the extremity of the year, with immoderate adjacent suggesting a complaint hike this month. When the fume cleared, the 30-year-long enslaved closed astatine 5.10%, portion the benchmark 10-year enactment was past seen astatine 4.61%.
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Oil and Gas:
Needless to say, the reimposition of the Iran blockade was conscionable the fuse that lit up vigor prices connected Monday, which, successful turn, volition airy up gasoline prices close arsenic we deed the mediate of the engaged summertime driving season. When the last doorbell rang, Brent Crude was up a stunning 9.13% to adjacent astatine $82.94, portion West Texas Intermediate finished the league astatine $77.69, up 8.79%. Natural state closed down 2.18% astatine $2.87.

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