By Humeyra Pamuk and David Latona
ANKARA/MADRID, July 8 (Reuters) – U.S. President Donald Trump on Wednesday ordered an immediate halt to all trade with NATO ally Spain, escalating tensions over defence spending and the Iran war, despite European Union rules requiring trade negotiations to be conducted as a single bloc.
» Read more about: Trump orders halt to US trade with Spain over NATO spending, Iran »
This article was originally published on ETFTrends.com.
These were last week’s top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly. Always do your homework.
» Read more about: Top Performing Leveraged/Inverse ETFs: 07/05/2026 »
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Happy Tuesday. It’s also slated to be SpaceX’s first day in the Nasdaq-100.
Traders work on the floor of the New York Stock Exchange during morning trading on July 08, 2026 in New York City.
Michael M. Santiago | Getty Images
U.S. equity futures fell slightly Wednesday evening after the market sold off on renewed U.S.-Iran tensions and a jump in oil prices.
The S&P 500 has been on fire in recent years, rocketing higher amid enthusiasm about artificial intelligence (AI) companies — investors have seen this technology as the next big revolution, likening it to the printing press, the telephone, and the internet. The idea is that AI may transform the way many things are done across the business world and even throughout our daily lives.
Nvidia will benefit as Alphabet and other hyperscalers continue to invest in AI.
The semiconductor specialist looks attractively valued relative to its growth potential.
Last month, Alphabet(NASDAQ: GOOG)(NASDAQ: GOOGL) announced an $80 billion equity capital raise.
US stock markets fell on Wednesday as the US continued strikes on Iran and the Federal Reserve flagged concerns that would warrant higher interest rates.
Donald Trump’s declaration at the Nato summit in Ankara that the Iran-US ceasefire is over sent oil prices sharply higher Wednesday.
» Read more about: US stock markets fall amid Iran strikes and potential higher interest rates »
Dow closed above 53,000 for the first time as chipmakers and AI stocks powered Monday’s rally, with AMD, Broadcom and Qualcomm leading gains.
Futures traded mixed overnight, while retail sentiment for SPY, QQQ, and DIA remained ‘extremely bullish’ despite a pullback in Nasdaq-100 futures.
The ceasefire between the U.S. and Iran ruptured this week after the U.S. launched more than 80 strikes on Iran midweek in response to Iranian attacks on ships moving through the Strait of Hormuz. At a NATO summit in Turkey, President Donald Trump declared the ceasefire to be “over” and promised additional strikes on Iran.
