Today: 8 July 2026
Caterpillar hit sends Dow under 53,000 after close
8 July 2026
92 mins read

Stock Market Today: Live Updates 08.07.2026


LIVEMarkets rolling coverageStarted: Updated:

Nifty Drops Over 200 Points as US-Iran Tensions Heat Up

July 8, 2026, 6:16 AM EDT.Nifty index tumbled more than 200 points in the first 15 minutes, with 47 out of 50 stocks in the red at the open. The move came after U.S. President Donald Trump called Iran “dirty players” and said the ceasefire was finished. The fresh American airstrikes added to geopolitical worries, leading to a wave of selling in Indian stocks.

Sharp Stock Market Crash: Nifty Falls Over…

Greg Abel Raises Berkshire's Alphabet Stake With $10 Billion Bet on AI

July 8, 2026, 6:15 AM EDT. Greg Abel, who is set to take over as CEO at Berkshire Hathaway, has raised the firm’s stake in Alphabet Inc. after a $10 billion private placement. Berkshire now holds about 86.4 million shares in the Google parent, or 9.2%, worth $31.6 billion. It’s a notable shift from Warren Buffett’s focus on older sectors, as Berkshire leans more into tech and artificial intelligence under Abel. The move adds to Berkshire’s big positions in Coca-Cola, American Express and Apple, but shows Abel moving the firm toward tech, and could change how investors look at Berkshire now.

Warren Buffett's Berkshire Successor, Greg…

US Stock Futures Slide After Trump Says Iran Deal Is 'Over'; Oil Climbs

July 8, 2026, 6:14 AM EDT. U.S. stock futures dropped early Wednesday, with Nasdaq futures touching a four-week low after President Donald Trump said a memorandum of understanding to end conflict with Iran is ‘over.’ Oil prices moved higher as the market responded to new worries about instability in the region. Investors quickly reacted to Trump’s statement, pushing both equities and oil.

US stock futures tumble as Trump says Iran…

STI Ends Higher as Tech and AI Stocks Boost Singapore Market

July 8, 2026, 6:13 AM EDT. Singapore stocks finished up, with the Straits Times Index (STI) rising 0.5% to 5,369.57. Gains in technology and AI names pushed the index between 5,323.33 and 5,414.84. Avarga shares gained almost 1% after the Singapore High Court cleared a shareholder vote on its scheme of arrangement. Beng Kuna Marine said its unit landed new contracts in the first half. ESR REIT confirmed deals to buy five Melbourne logistics sites for AU$276.8 million. Investors kept looking at regional assets.

Singapore Shares Extend Gains as Tech Rall…

Oil Jumps Over 6% to Two-Week High on U.S.-Iran Tension

July 8, 2026, 6:11 AM EDT.Oil prices jumped more than 6% Wednesday, marking a two-week high after U.S. President Donald Trump said the deal with Iran is ‘over’. That ramped up concern about new supply shocks out of the Middle East. Brent crude was up $4.57 at $78.73 a barrel, and U.S. West Texas Intermediate added $4.23 to $74.67. Traders are watching the Strait of Hormuz, which handles about 20% of global oil shipments. Tougher U.S. action and Iranian responses have pushed up risks, with some tankers now changing routes. Some analysts say the supply squeeze could keep prices close to $80 as the market deals with more geopolitical worries.

Oil jumps over 6% to two-week high after T…

Oil Gains 2% After US Strikes on Iran, Stocks Drop

July 8, 2026, 6:02 AM EDT. Oil rose more than 2% after U.S. strikes on Iran, which sparked worries about supply from major crude regions. The strikes sent global stocks lower as traders eyed rising risks. Brent crude added more than 2% on the Middle East tension, while equities slipped on the news. Analysts said more conflict could hit energy markets and shake the economic recovery.

Oil prices jump more than 2% after US stri…

HSBC Bank plc lists GBP 620,538 index-linked notes on LSE Main Market

July 8, 2026, 6:01 AM EDT. HSBC Bank plc issued GBP 620,538 notes tied to a basket of indices through its Notes and Warrants Programme. The notes, ISIN XS3288381760, started trading 8 July 2026 on the London Stock Exchange’s Main Market and were added to the FCA’s Official List. The issue meets FCA Prospectus Rules for trading on regulated markets. Base prospectus from 12 June 2026 and final terms are on HSBC’s investor site. The notes are not registered under the U.S. Securities Act and can’t be sold in the U.S. unless an exemption applies.

REG – HSBC Bank plc

Mercedes-Benz Q2 Car Sales Down 8% as Price Fight in China Grows

July 8, 2026, 6:00 AM EDT. Mercedes-Benz posted an 8% decline in Q2 core car sales to 417,800 vehicles, hit by a 30% slide in China amid tough rivalry and issues with new product launches. Sales picked up 10% in the U.S. and 4% in Europe. Battery-electric deliveries jumped 50% to 63,000, counting both cars and vans. Mercedes faces heavy discounting in China, now the world’s biggest auto market, with European brands struggling. BMW just cut its 2026 margin outlook to as low as 1% on similar China problems.

Mercedes-Benz Q2 sales fall, China competi…

Volkswagen Eyes German Plant Closures, Job Cuts as Restructuring Clash Looms

July 8, 2026, 5:59 AM EDT. Volkswagen is heading into a high-stakes restructuring meeting at its Wolfsburg base on July 9, with pressure mounting over possible plant closures and major job losses. Management has flagged up to 50,000 jobs at risk and possible shutdowns at four German sites: Hanover, Emden, Zwickau, and Audi’s Neckarsulm. The company’s also looking at spinning off its namesake brand and components units in a push to streamline, but closing plants needs two-thirds supervisory board backing under the Volkswagen law, giving labor a powerful say everywhere but Zwickau and Neckarsulm. Blume’s team is considering either shifting production or winding down factories by not giving them new models, a move already sparking union and political blowback. These cuts are central to CEO Oliver Blume’s turnaround but face the threat of strikes and big financial payouts, echoing earlier shutdown disputes.

What are the key issues in Volkswagen's re…

Boku Inc Expands Buyback to 10% of Stock, Adds 8 Million Shares

July 8, 2026, 5:58 AM EDT. Boku Inc said it raised its buyback cap to 10% of common shares, authorizing repurchase of up to 8 million more shares on top of an initial 5% program. Investec Bank plc manages the program, which runs until Boku posts 2026 full-year results or hits the buyback limit. The first 4 million shares are already bought back, with the next round underway. Boku plans to hold more shares in Treasury. The company noted the larger program could affect AIM trading volumes given low liquidity. The buyback price can’t exceed 105% of the trailing five-day average mid-market price.

REG – Boku Inc – Extension of Share Buybac…

Netflix Q2 Earnings in Focus July 16 as Ad Target, Content Costs Loom

July 8, 2026, 5:57 AM EDT. Netflix shares are down about 19% in 2026 after the company dropped out of a bidding war for Warner Bros. Discovery assets and flagged higher content costs. Investors are watching the July 16 Q2 earnings for updates on ad revenue, with Netflix aiming for $3 billion by year-end to help offset those costs. If the ad forecast holds up and content costs steady, shares could bounce. If ad growth misses or spending stays high, the stock may stay weak. The earnings call should give a clearer read on where the stock heads next.

Why July 16 Could Be a Turning Point for t…

Dollar Holds Near One-Week High as Trump Ends Iran MOU, NZD Rises on Rate Hike

July 8, 2026, 5:56 AM EDT. The U.S. dollar stayed close to a one-week high after President Donald Trump called the interim Iran MOU ‘over,’ raising new geopolitical risks. The U.S. dollar index was at 101.17 versus a basket of six rivals. Trump’s comments came as the Iranian Revolutionary Guards struck U.S. targets following American airstrikes. The New Zealand dollar added 0.26% after the Reserve Bank of New Zealand lifted rates by 25 basis points to 2.5% to fight inflation. Traders are also eyeing the Federal Reserve’s June meeting minutes for signals on future tightening. Brent crude was up 6.24% at $78.82 a barrel with tensions in the Middle East still high.

Dollar around one-week high as Trump says …

Buffett Flags Overheated Market as S&P 500 CAPE Ratio Nears Dot-Com Highs

July 8, 2026, 5:47 AM EDT. Warren Buffett says today’s market looks overheated, with the legendary investor and former Berkshire Hathaway CEO likening trading to gambling. The S&P 500’s CAPE ratio is at 39.7, the highest since the dot-com crash in 2000. When the CAPE tops 39, historic data shows the S&P 500 averages losses: minus 4% after one year, 20% after two, 30% over three. The index hasn’t had a positive three-year stretch after reaching these CAPE levels. With the ratio back up, Buffett’s warning points to a higher risk of big drawdowns into 2029. Investors may want to take a closer look at current valuations and risks.

Warren Buffett Warns Investors as the Stoc…

Oil up 6% as Trump says Iran ceasefire is 'over'

July 8, 2026, 5:46 AM EDT. Oil jumped almost 6% after President Donald Trump said the interim ceasefire with Iran is ‘over.’ Trump also said talks could continue. The news triggered worries over possible supply hits. Traders moved crude prices sharply higher on new fears about Middle East tensions. Geopolitical risks are again driving oil prices.

Oil prices jump nearly 6% after Trump says…

Tilly's, Boise Cascade, Ocular Therapeutix Trade Under Cloud as Small-Caps Struggle

July 8, 2026, 5:45 AM EDT.Small-cap stocks can get mispriced when analysts pay less attention, but a lot of these companies don’t have the scale to push growth. Tilly’s (TLYS), which sells to teens, keeps posting weak sales and ongoing losses, now trading at 44.1x forward EV-to-EBITDA. Boise Cascade (BCC), making wood products, is seeing revenue slide and its free cash flow margins tighten, with a value of 18.4x forward P/E. At Ocular Therapeutix (OCUL), which works on eye disease drugs, annual sales have slipped and operating margins have worsened. With uncertain financial performance weighing on all three, investors may want to look elsewhere.

3 Small-Cap Stocks with Open Questions

Sensex sinks 1800 points after Trump says ceasefire with Iran is over

July 8, 2026, 5:44 AM EDT. The Sensex tumbled 1800 points, or 2.1%, to 76,570.47, with the Nifty 50 off 2.03% at 23,902.64 on Wednesday after US President Donald Trump declared the US-Iran ceasefire finished. Stocks sold off as US forces struck over 80 Iranian targets in the Strait of Hormuz, an important shipping lane, after reported Iranian attacks on vessels. Trump’s comments at a NATO summit raised tensions and sent Indian benchmarks down for their largest loss in more than two months. The conflict raises trade and stability worries as Iran pushes for control of the strait and starts charging transit fees.

Sensex crashes by 1700 points after Trump …

Oil jumps as Trump signals U.S.-Iran cease-fire is off

July 8, 2026, 5:41 AM EDT.Oil prices jumped to their biggest two-month gain after President Donald Trump said talks with Tehran were “a waste of time.” Brent crude and WTI futures both moved up fast as markets weighed renewed Middle East tensions. Traders focused on the geopolitical risk and the chance of supply problems, sending crude higher. Energy stocks and commodity markets remained volatile on signals from Washington and Iran.

Oil prices jump by the most in two months …

Oil jumps 5% as Trump scraps Iran MOU, global stocks drop

July 8, 2026, 5:40 AM EDT. Oil surged more than 5% on Wednesday after President Trump said the Iran memorandum of understanding is “over,” sending geopolitical tensions higher in the Gulf and pushing Brent up to $78 a barrel. That set off inflation worries and raised more alarms about supply just as U.S. Strategic Petroleum Reserve levels remain low. Stocks and bonds fell worldwide. European shares lost 1.6% and U.S. futures slipped 0.8%. The 10-year Treasury yield climbed to 4.56%, its highest in a month, as investors grew more uneasy. Chris Beauchamp, a strategist, said sentiment has taken a clear hit, and the VIX volatility index jumped almost 13%. Investors also cut exposure to chip stocks, with Samsung’s profit spike fueling new doubts about demand for semiconductors later this year.

Oil surges, stocks tumble as Trump declare…

Bubs Australia (ASX:BUB) slips with no fresh news

July 8, 2026, 5:30 AM EDT.Bubs Australia Limited (ASX:BUB) shares fell today with no new disclosures or market-moving headlines. The share price drop looked like normal trading, not tied to any company news. Investors might want to look at the company’s fundamentals and where the wider market is. Kalkine Pty Limited gives only general financial advice and doesn’t account for anyone’s personal situation. Market players should get personalised advice from their own financial adviser, broker, or legal adviser before deciding. Past returns don’t guarantee future performance, and Kalkine isn’t liable for losses from decisions made with this info.

Why Bubs Australia (ASX:BUB) Shares Slippe…

Sensex, Nifty50 sink 2% as Trump scraps Iran truce, oil jumps

July 8, 2026, 5:29 AM EDT. Sensex and Nifty50 dropped around 2% after US President Donald Trump said the Iran ceasefire was over, pushing up crude oil prices nearly 5% to $78.09 a barrel on new Middle East tension. That wiped about Rs 8 lakh crore off market cap. Selling hit most sectors-banks, FMCG, oil & gas among them. European and Asian shares fell too as risk aversion picked up. US Treasury yields climbed, drawing money to bonds over equities, and the rupee slid past 95.50 to the dollar. Caution ruled as traders watched for more fallout from geopolitics.

Stock market crash: Bloodbath on Dalal Str…

Oil up almost 6% after Trump says interim Iran deal is 'over'

July 8, 2026, 5:28 AM EDT. Oil prices climbed close to 6% after President Donald Trump said the interim Iran agreement is ‘over.’ Trump said negotiations will still go on, but the remark put more uncertainty into the geopolitical picture. Traders weighed the risk of possible supply issues as U.S.-Iran tensions stay elevated.

Oil prices jump nearly 6% after Trump says…

Latham & Watkins Out Front in IPO Advisory as AI Boom Fuels Energy Deals

July 8, 2026, 5:26 AM EDT. Latham & Watkins led global IPO advisory with close to $67 billion in deals for H1 2024, more than doubling its total for all of 2023, according to Bloomberg. The firm is seeing a pickup from growing energy demands tied to artificial intelligence, which is feeding a wave of U.S. energy IPOs. Capital markets lawyer Ryan Maierson at Latham called for a record year, saying energy IPOs could hit their highest mark since 2014. That puts the firm front and center as companies look to go public and AI’s intense power consumption pushes up activity.

AI’s Insatiable Power Needs Are Driving La…

Dakota Johnson gets just under $6 million for LA midcentury home

July 8, 2026, 5:25 AM EDT. Dakota Johnson sold her Los Angeles midcentury home for a bit less than $6 million, closing the deal just days after putting it on the market. Johnson, star of the “Fifty Shades” movies, listed the house at $6 million and quickly found a buyer. The quick sale points to steady demand for luxury homes in L.A. even as economic uncertainty continues.

Dakota Johnson quickly sells $6 million mi…

Ionic Rare Earths (ASX:IXR) in Focus After Minister Visit to Belfast Plant, Government Grant Backing

July 8, 2026, 5:22 AM EDT.Ionic Rare Earths (ASX:IXR) grabbed UK attention after Industry Minister Chris McDonald stopped by its Belfast Demonstration Plant. The location is part of the UK’s move to secure rare earth oxide supplies outside China. IonicRE is working toward a Final Investment Decision for a 400 tonne-a-year magnet rare earth oxide plant, supported by a £12 million government grant. The company extracts rare earths from recycled magnets and manufacturing scrap, avoiding some mining hurdles. The project’s goal is to ramp up output and cut back on China’s hold over rare earth separation, which could raise Ionic Rare Earths’ standing in Western supply networks.

Why Ionic Rare Earths (ASX:IXR) Stock Is B…

Elders (ASX:ELD) shares edge higher

July 8, 2026, 5:21 AM EDT.Elders Limited (ASX:ELD) shares are up today. The piece, put out by Kalkine Pty Limited, gives general financial advice and doesn’t take personal situations into account. Investors are told to check official Offer Documents and get professional advice before acting. Kalkine says it stands by its information but doesn’t take responsibility for investment results. Past returns are not a guide for the future. The article gave no details on what’s behind Elders’ move.

Elders (ASX:ELD): What’s Driving This Stoc…

Samsung shares slump, analysts see room for up to 20% short-term drop

July 8, 2026, 5:19 AM EDT. Samsung Electronics shares slid more than 10% for two days in a row, finishing July 8 at 277,500 KRW for a 14% two-day drop. The selloff came even with Q2 earnings preview showing operating profit at 89.4 trillion KRW, almost 19 times higher than last year, as some investors booked gains. The stock crossed below 300,000 KRW and under its 60-day moving average, with analysts saying bearish signals are piling up. Now, some are flagging a likely short-term correction toward 232,500-266,000 KRW, and even a run as low as 210,000 KRW, nearly 20% off current levels. That would give back part of a three-month rally that doubled the price on AI server demand and surging memory prices.

Samsung Stock Price Forecast: Shares Plung…

Chasing £25,475 a Year: Using a £20k ISA for Passive Income in High-Yield UK Stocks

July 8, 2026, 5:18 AM EDT. Putting £20,000 into a Stocks and Shares ISA and going after high-yield UK dividend stocks could bring in £25,475 annual passive income by the time you retire. The rough path: stick with an average 9.64% yearly growth for 32 years, reinvest the dividends, and the ISA might hit £380,223. Legal & General Group (7.45%), LondonMetric Property (6.59%), and Barratt Redrow (6.04%) are among the top yields here, with an average at 6.7%. There’s risk-dividends can get cut, markets can swing. Diversifying and keeping an eye on the portfolio matter.

How to aim for a £25,475 passive income by…

Legal & General Group posts early results from subordinated notes tender offers

July 8, 2026, 5:17 AM EDT. Legal & General Group Plc gave indicative results of its tender offers for several bonds, including US$850 million of Fixed Rate Reset Subordinated Notes due 2047 and GBP notes due 2031 to 2041. The bonds were issued by Legal & General Finance PLC and guaranteed by the Group. The offers follow the New Financing Condition being met. The company said the move is part of work to manage its debt. Legal & General said the announcement includes inside information under EU rules and is not for U.S. release.

REG – Legal & General Grp – Tender Offer

DAIHEN (TSE:6622) Drops After Board Sets Date for Stock Plan Talk, Possible 53% Overvaluation Flagged

July 8, 2026, 5:16 AM EDT. DAIHEN (TSE:6622) said its board will meet June 24, 2026, to look at using treasury shares for restricted stock pay. That put a spotlight on capital moves. Shares fell 7.9% in a day and 20.5% for the week, still up 38.3% this year. DAIHEN trades at a P/E of 24.7, which tops the electricals sector average of 14.6 and peers. Valuation is propped by earnings growth and profit margins, but if growth cools or volatility sticks, the current multiple could be too high, with fair value models pointing to a 53% overvaluation. Investors are told to look at DAIHEN versus 29 sector peers ahead of the board’s move.

DAIHEN (TSE:6622) Could Be 53% Overvalued …

Oil Jumps More Than 5% After US Strikes Iran, Global Stocks Fall

July 8, 2026, 5:15 AM EDT.Oil prices spiked over 5% after the US struck Iran in response to attacks near the Strait of Hormuz. Brent gained 5.6% to top $78, US crude added 5.8% to $74.55. President Trump called the interim Iran deal ‘over,’ fueling more geopolitical risk. Global stocks slipped as investors grew more cautious. Germany’s DAX dropped 1.1%, Paris’s CAC 40 lost 0.9%, and London’s FTSE 100 was off 0.8%. In Asia, Tokyo’s Nikkei lost 2.1%, Korea’s Kospi sank 5.4% on tech drops, but Hong Kong’s Hang Seng climbed 3%. Markets stayed uneasy on AI stock values and new political risks, pulling down risk appetite.

Oil prices jump more than 2% after US stri…

HSBC Wealth Strategy Stays on Fair Value Track as Growth Push Continues

July 8, 2026, 5:14 AM EDT. HSBC Holdings put Nick Elias in charge of its Wealth Platforms division and Wealth Transformation Programme, sharpening its focus on wealth management. Shares last traded at £14.53, up 6.8% for the past month and showing a 69.37% total return over twelve months. Long-term gains have come from capital measures and a tilt toward Asia and private credit, but analysts now see the stock about 1.3% above fair value, pegging that at £14.34. HSBC keeps shifting away from slower Western markets to Asia and the Middle East, targeting better net interest margins and stronger returns on equity. On the risk side, Hong Kong property headwinds and the push into AI and digital upgrades are in play. A cash flow-based model puts upside potential at £22.38, so perspectives on HSBC’s value still diverge.

HSBC Holdings (LSE:HSBA) Wealth Push Meets…

Oil Rallies After Fresh U.S.-Iran Strikes

July 8, 2026, 5:13 AM EDT.Oil prices climbed after new military action between the U.S. and Iran put last month’s temporary peace agreement in jeopardy. Crude traded above levels seen before the conflict as markets reacted to possible supply tightness. Analysts said more volatility is likely if the standoff drags on, with investors watching potential risks to Middle East oil flows. The moves show how quickly geopolitics can move commodity prices.

Oil Prices Jump After the U.S. and Iran Ex…

Sensex drops 1,700 points, Nifty slips under 24,000 as crude jumps on Middle East risk

July 8, 2026, 5:12 AM EDT. Indian equities fell sharply Wednesday. The Sensex sank 1,707 points to 76,473. The Nifty 50 lost 521 points, breaking below 24,000. Surging Brent crude near $78 a barrel and fresh tension in the Middle East after US-Iran hostilities and Donald Trump’s comment ending the Iran ceasefire drove selling. The rout wiped out more than Rs 8 lakh crore in market value. All Sensex shares fell, with Hindustan Unilever and Maruti Suzuki among the hardest hit. Volatility spiked 26%. Midcap and smallcap indexes lost about 2%. Banking, FMCG, and oil & gas stocks posted steep declines. Worries mounted about oil supply through the Strait of Hormuz.

Why is market falling today? Sensex crashe…

South Korea Stocks Slide Into Bear Market After June High

July 8, 2026, 5:11 AM EDT. South Korea’s stock market has dropped more than 20% from its June peak, putting it in bear-market territory. The index hit a record high that month but momentum faded as competition ramped up, worries about sustainability grew, leverage stayed high among investors, and capital flowed out of the country. That mix has hurt confidence and stalled the rally.

It was the world’s hottest stock market. N…

Alibaba Jumps Most in 10 Months as Chinese Tech Shares Rise

July 8, 2026, 5:10 AM EDT. Alibaba rallied Wednesday for its biggest gain in 10 months as Chinese tech stocks moved higher. The sector is trying to match the run-ups seen in tech shares in the U.S., South Korea and Taiwan. Investors are looking again at Chinese tech stocks after a long weak stretch.

Alibaba just had its best day in 10 months…

Babcock Shares: Recovery Signs as UK Politics Stay Unsettled

July 8, 2026, 5:09 AM EDT. Babcock International is trying to bounce back after a tough year, even as political uncertainty hangs over the UK. The FTSE 100 defence company struggled through rough patches but now shows some stability and the chance for growth. Defence stocks like Babcock are often seen as more stable in shifting economies, so investors looking for value may want to keep an eye on its upcoming numbers and contract news. For those willing to take on risk, Babcock might be worth considering while UK politics remain in flux.

Should you buy shares in Babcock?

Societe Generale Ups Stake in International Personal Finance to Just Over 6%

July 8, 2026, 5:00 AM EDT. Societe Generale increased its voting rights in International Personal Finance Plc to 6.03% as of July 6, 2026, moving up from the previous 5%, a regulatory filing shows. The French bank now has 13,422,923 voting rights, or about 6.03% of the total. The notice was made public on July 7, 2026. There are no related derivatives or financial instruments, and the stake is not linked to any other entities. The disclosure meets UK rules for major holdings.

REG – Intnl Personal Fin

South Korean Shares Fall 20% from High as Chipmakers Swing

July 8, 2026, 4:59 AM EDT. South Korean stocks are down 20% from their peak after dropping for a third day on Wednesday. Chipmaker shares saw choppy trading as investors worried about artificial intelligence (AI) news. Risky investment products made traders even more cautious. Tech sector uncertainty hit South Korea’s main equities index.

South Korean shares drop 20% from peak as …

Crinetics Pharmaceuticals (CRNX) Jumps 98.7% After Vertex Deal

July 8, 2026, 4:58 AM EDT. Crinetics Pharmaceuticals (CRNX) shares jumped 98.7% to $83.53 on the Vertex Pharmaceuticals acquisition news. Vertex plans to buy Crinetics for $10 billion, with the deal expected to close in Q3 2026. The move adds to a 25.5% run-up for CRNX over the last month, on heavy volume. Crinetics is still seen posting a quarterly loss of $1.23 per share, about flat with last year, but revenue is forecast to surge 1340.6%. EPS estimates haven’t changed over the past 30 days. CRNX carries a Zacks Rank #3 (Hold). ARS Pharmaceuticals (SPRY), a sector peer, slipped 1.7% as analysts remain split on EPS. Traders are watching for any changes to earnings outlooks for a clear trend.

Strength Seen in CRINETICS PHARM (CRNX): C…

US stock futures mixed as oil climbs and yields jump; markets eye Fed minutes, earnings

July 8, 2026, 4:57 AM EDT. US stock futures wobbled Wednesday, with S&P 500 contracts sliding but Dow futures in positive territory. Oil prices rose again on renewed Strait of Hormuz worries, sending UK gilt yields past 4.8% and stoking bets that rates will stay higher for longer. The US ISM Services PMI nudged up to 54.0, still pointing to growth with softer price gains. Bond markets put the odds of a September rate hike at roughly 50%, tracking the latest economic figures. Traders kept focus on financial and growth names as debate swirled over future borrowing costs. PepsiCo and Delta Air Lines Q2 results, plus Fed minutes later, are on the radar with yields and funding costs swinging.

US Stock Market Today: S&P 500 Futures Dip…

Bank of Montreal Bonds Hit Market as Stock Runs Hot, Analysts See Valuation Stretch

July 8, 2026, 4:56 AM EDT. Bank of Montreal just put out new fixed income bonds with coupons near 5%, set to mature in 2030-2036, covering callable Eurobonds and Eurodollar formats. Shares are up 39.44% so far this year, driving total return to 70.36% for the past twelve months. But on valuation, analysts say the stock trades about 10.8% above a fair value of CA$228.61, while the discounted cash flow model points to a near fair read at CA$254.35. The bank is investing in digital and AI-powered banking to lift margins and efficiency, though some see risks from credit weakness in Canada and higher expenses.

Bank of Montreal (TSX:BMO) Adds New Bond I…

Trump Slams Spain over NATO Spend, Says Trade Should Be Cut; Spanish Bonds, Stocks Drop

July 8, 2026, 4:55 AM EDT. President Donald Trump hit out at Spain during the NATO summit in Turkey, blasting the country for missing the alliance’s 5% GDP defense spending target for 2035. Trump called Spain a “terrible partner” and said all trade and diplomatic visits should end. Spanish markets sold off after the remarks, with 10-year government bond yields climbing 7 basis points to 3.54%. The IBEX 35 fell more than 1%. Spain is still the only NATO member not on track for the higher defense outlay, with tensions rising as investors eye political risk across Europe.

Trump says he doesn't want anything to do …

S&P 500 Futures Slip; Oil Tops $72 as Market Watches Earnings

July 8, 2026, 4:54 AM EDT. S&P 500 futures edged lower on Wednesday while Dow futures held up, with traders taking in fresh inflation and growth signals. Oil traded above $72 a barrel as Strait of Hormuz tensions pushed prices up, keeping cost concerns on the table. ISM Services PMI came in at 54.0, showing ongoing growth in the biggest part of the US economy, though price growth cooled. Investors are focused on whether strong service sector data and high oil prices will keep rates higher for longer, which could squeeze real estate but support energy and consumer names. Markets now look to earnings from PepsiCo and Delta Air Lines for any early signs on consumer spending and costs.

US Stock Market Today: S&P 500 Futures Sli…

Vistry Drops as UK Builder Sees First-Half Loss, Finance Head Exits

July 8, 2026, 4:41 AM EDT. Vistry shares dropped after the UK homebuilder flagged a first-half loss. The company also said finance chief Tim Lawlor is stepping down. Vistry is under pressure, and the market sold off on the profit warning and news of the CFO leaving.

Vistry shares slide as it warns of first-h…

Jet2 Jumps 16% as Summer Bookings Outpace Middle East Turmoil

July 8, 2026, 4:39 AM EDT. Jet2 shares soared up to 16% after the UK travel firm reported a 7.1% bump in summer bookings, holding up even as tensions run high between Iran and Israel. The company said its on-sale capacity is up 7.7%, and sharper price cuts have pushed the average load factor 1.2 points higher. Pretax profit dropped 7% to £551 million for the year to March 31. Jet2 said it’s hedged 90% of annual jet fuel at $743 per ton to buffer cost pressures. The new London Gatwick base is off to a strong start, but JPMorgan noted there are still near-term risks from fierce competition and instability in the region.

Jet2 jumps as summer bookings gain momentu…

Dow, S&P 500, Nasdaq Slip at Open as Chip Stocks Drop and U.S.-Iran Tensions Weigh

July 8, 2026, 4:38 AM EDT. The Dow, S&P 500, and Nasdaq opened lower as traders reacted to new U.S.-Iran strikes and weakness in chip names like Micron, Nvidia, Marvell, and AMD. Investors are watching for the Federal Reserve’s FOMC minutes later today. Geopolitics and worries about tech are setting the tone early.

Stock Market Today: Dow, S&P 500, Nasdaq S…

BP Tops FTSE as Oil Jumps on US Strikes in Iran

July 8, 2026, 4:37 AM EDT. BP PLC led gains on the FTSE after oil prices jumped, with BP stock up 1.8% and Shell advancing 0.8%. Brent crude climbed 2.2% to $75.80 a barrel, as US military strikes hit more than 80 targets in Iran, targeting command centers and missile sites. The move added to tension around the Strait of Hormuz and lifted geopolitical risk. The US decision to revoke waivers for Iranian oil exports fueled more supply worry. Deutsche Bank’s Jim Reid said energy supply concerns are back, while Saxo’s Neil Wilson said the right positioning could see oil rally further even as hopes remain for no broader conflict.

BP leads FTSE risers as oil prices spike a…

SPCX Slips After Nasdaq-100 Entry; Cathie Wood's ARK Adds, Starlink Prices Jump

July 8, 2026, 4:24 AM EDT. Shares of SPCX lost 7% to end at $149.47 Tuesday, holding above the $135 IPO level but sliding below the June 12 debut price and standing 25% under the June 16 high. The stock didn’t see the rally some expected from its Nasdaq-100 inclusion, even with $800 billion tracking the index, likely as earlier gains were already priced in. ARK Innovation ETF, run by Cathie Wood, lifted its SpaceX stake by $6.6 million, sticking with its bet. Analysts on Wall Street still lean bullish-average target near $236, looking at a possible 58% gain. SpaceX’s Starlink division also hiked some aviation internet plan prices, potentially pushing revenue higher.

SPCX Stock Climbs Overnight After Rocky Na…

Oil Prices Climb on Middle East Tensions; Tech Stocks Slide Over AI Jitters

July 8, 2026, 4:23 AM EDT.Oil prices jumped more than 3%, with Brent crude at $76.54 a barrel after fighting flared again in the Middle East and new U.S. sanctions hit Iranian crude, fueling inflation worries. Global oil supplies remain tight and U.S. Strategic Petroleum Reserve levels are at their weakest since 1983. U.S. 10-year Treasury yields climbed, hitting a one-month high at 4.56%. Tech stocks fell as concerns about stretched AI sector valuations and doubts around future demand took hold. Samsung Electronics dropped even with its profit up 19 times from a year ago, as traders remain cautious about the outlook for memory chips. European shares opened lower too, with healthcare and consumer names under pressure and only energy stocks gaining. Some strategists say geopolitical risks are keeping risk premiums firm in the oil market.

Tech stocks slide on AI valuation doubts; …

Aequs Jumps 17%, Avino Drops, Enbridge Downgraded: July 8 Market Rundown

Stock Market Today: Live Updates 08.07.2026

July 8, 2026, 4:22 AM EDT.Aequs shot up 17% after IIFL Capital and Nuvama put out bullish calls, pointing to as much as 83% upside as the aerospace player rides integration and an order book now at $889 million. The NSE-listed company wants to hit 20% return on capital by FY31. Avino Silver & Gold Mines slid 7.9% as project delays and risks weighed. Even after a jump of 79% so far this year, shares now hover close to analyst targets. Enbridge was cut to Hold before July 31 earnings; analysts see steady revenue, but the EPS outlook has weakened. ASX 200 finished flat. Banks and energy held up, while base metals, lithium and gold slumped, as supply and demand worries kept buyers cautious in key commodities.

Stock Market Today: Live Updates 08.07.202…

Futures Slip as U.S.-Iran Strikes Weigh, Big Tech Names Active

July 8, 2026, 4:21 AM EDT. Stock futures dropped Wednesday after new military action between the U.S. and Iran raised worries about rising geopolitical risk. Dow futures were off 196 points, or 0.4%. S&P 500 and Nasdaq futures each lost 0.2%. Oil prices rose as tensions climbed, tightening pressure on markets. Micron Technology, Nvidia, Marvell Technology, and AMD all saw early moves, showing tech’s sensitivity to the news. Investors stayed alert to how the conflict could shake markets and push up energy costs.

Stock Market Today: Dow, S&P 500, Nasdaq S…

Aequs jumps 17% as brokerages see up to 83% upside

July 8, 2026, 4:08 AM EDT. Aequs shares climbed 17% in two sessions, touching a record Rs 271 on the NSE after IIFL Capital and Nuvama issued buy calls. IIFL set a 32% upside target, pointing to Aequs’ vertical integration in aerospace and push into consumer electronics. The brokerage said Aequs faces high capital needs and tough certification hurdles, but is aiming for a 20% return on capital by FY31. Nuvama put potential upside at 83%, flagging a $889 million order book and growth track. Nuvama said Aequs is India’s only aerospace precision manufacturer and noted strong ties with Airbus, Boeing and others, with market cap nearing Rs 18,200 crore.

Smallcap aerospace stock jumps 17% after e…

Avino Silver & Gold Mines slips as project risks weigh, trades near analyst target

July 8, 2026, 4:07 AM EDT. Avino Silver & Gold Mines fell 7.9% in a day and is off 10.94% over three months, closing at CA$8.63, which is roughly 4% below the CA$9.00 analyst target. The stock is up 79.05% for the year, but market sentiment remains cautious as traders look at possible project risks at La Preciosa and delays in mill expansion. Avino trades at 28x earnings, nearly double the Canadian metals and mining average of 14.4x, so it still commands a strong premium. The discount rate implied by its valuation is 7.7%, with short-term swings showing the sector’s volatility. Some investors see it as modestly undervalued, but volatility is high as the company works through operations and growth plans.

Is Avino Silver & Gold Mines (TSX:ASM) Und…

Enbridge Cut to Hold as EPS Forecasts Slip

July 8, 2026, 4:06 AM EDT. Enbridge is getting downgraded to Hold by analysts on a weaker EPS outlook before its July 31, 2026 results. Revenue could tick up but earnings are set for a mild drop. The company’s long record of annual dividend hikes and big regulated energy assets is being weighed against higher capital spending and leverage. Enbridge reworked debt in a recent Note Exchange, changing how it approaches financing big projects like the CAD 4 billion Sunrise Expansion. Analysts see CA$67.6 billion in revenue and CA$8.4 billion in earnings by 2029, pointing to flat revenue and only moderate earnings moves. Fair value calls are all over the map, showing investors split on Enbridge’s growth and risk balance.

What Enbridge (TSX:ENB)'s Analyst Downgrad…

ASX 200 Flat as Banks, Energy Offset Commodity Drop

July 8, 2026, 4:05 AM EDT. The ASX 200 held steady, with strength in big banks and energy stocks helping limit the impact of weaker base metals, lithium and gold prices. Losses in those key commodities kept pressure on resources names and capped gains for the wider index. Cautious sentiment hung over the market as investors watched global supply and demand for materials tied to tech and the energy transition.

Evening Wrap: ASX 200 avoids wipeout as bi…

Marcin Frąckiewicz is the founder and CEO of TS2 Space, a satellite communications company serving customers around the world. A graduate of the Warsaw School of Economics (SGH), he has more than two decades of experience in telecommunications, satellite services and technology ventures. He writes about satellite communications, space technology, artificial intelligence and the stock market, with a particular focus on technology companies, semiconductors, emerging industries and the trends shaping global innovation.

Stock Market Today

  • Greg Abel Raises Berkshire's Alphabet Stake With $10 Billion Bet on AI
    July 8, 2026, 6:15 AM EDT. Greg Abel, who is set to take over as CEO at Berkshire Hathaway, has raised the firm's stake in Alphabet Inc. after a $10 billion private placement. Berkshire now holds about 86.4 million shares in the Google parent, or 9.2%, worth $31.6 billion. It's a notable shift from Warren Buffett's focus on older sectors, as Berkshire leans more into tech and artificial intelligence under Abel. The move adds to Berkshire's big positions in Coca-Cola, American Express and Apple, but shows Abel moving the firm toward tech, and could change how investors look at Berkshire now.
Vera Therapeutics (NASDAQ:VERA) stock up; Trutakna approval shifts attention to Q3 kidney data
Previous Story

Vera Therapeutics (NASDAQ:VERA) stock up; Trutakna approval shifts attention to Q3 kidney data

Go toTop