Asian shares tracked higher Wednesday, with Japan’s Nikkei surging 2.2% to 58,583.12. U.S. stocks recovered from a tech slump, the S&P 500 adding 0.8% to 6,890.07, while the Dow tacked on 370 points to 49,174.50. Dow futures showed little movement as investors looked ahead to Nvidia’s results due after the bell.
July 9, 2026, 6:14 PM EDT. Stocks rose with the Nasdaq up 1.3%. The S&P 500 gained 0.81%. The Dow edged higher by 0.27%, with tech leading the move. Traders looked past fresh Middle East worries. US crude tumbled 2.3% to $71.83, Brent slid 2.5% to $76.05, even with tensions near the Strait of Hormuz. Investors kept buying as signs pointed to China facing curbs on Nvidia's AI chips, while SK Hynix drew big demand for its $28 billion US listing. Weekly jobless claims fell but home sales dropped, blamed on high prices. The Philadelphia Semiconductor index jumped 3%. Yields on 10-year Treasuries relaxed to 4.547%.