Asian shares declined as technology stocks were under renewed selling pressure as Samsung Electronics Co declined post its earnings report.
South Korea’s Kospi index was down 4% while Japan’s Nikkei index was down 0.6%.
The MSCI Asia Pacific Index slipped 0.6% with decliners slightly outnumbering gainers. Technology stocks led losses,
» Read more about: Asian shares decline as tech stocks under pressure, Samsung slides »
The MSCI Asia Pacific Index slipped 0.6% with decliners slightly outnumbering gainers. Technology stocks led losses, with Samsung falling more than 6% even after quarterly profit surged 19-fold.
July 07, 2026 / 06:40 IST
The chip sector remained in focus with SK Hynix Inc.
» Read more about: Asian stocks fall on tech weakness, Samsung slides »
By Steven Scheer
JERUSALEM, July 6 (Reuters) – The Bank of Israel cut short‑term interest rates for a second straight meeting on Monday, citing stable inflation and a U.S.–Iran ceasefire deal that has pushed down energy prices, and suggested rates would likely fall further.
The central bank, as widely expected,
Clearway Energy (CWEN) closed the most recent trading day at $33.10, moving +1.04% from the previous trading session. The stock outpaced the S&P 500’s daily gain of 0.72%. Meanwhile, the Dow gained 0.3%, and the Nasdaq, a tech-heavy index, added 1.12%.
Prior to today’s trading, shares of the company created by NRG Energy to acquire and operate natural gas,
» Read more about: Why Clearway Energy (CWEN) Outpaced the Stock Market Today »
Electric vehicle powerhouse Tesla reported its second-quarter production and delivery numbers Thursday.
Although these figures beat analysts’ expectations, the stock fell sharply after the report was released.
This one-day stumble means little for this usually volatile ticker.
After three years of spectacular gains, technology companies faced a rockier path in the first half of this year — particularly in the first quarter. Investors worried about the pace of spending on artificial intelligence (AI) and whether the revenue opportunity would make it all worthwhile. Turmoil in Iran also weighed on sentiment as energy prices rose and investors carefully watched U.S.
The Federal Reserve announced a $10 billion injection into the U.S. economy, aiming to maintain ample bank reserves and ensure stability in short-term funding markets. This liquidity measure is part of a broader strategy of reserve management through Treasury bill purchase operations, rather than a broad economic stimulus. The injection is split into two transactions: $3.3 billion on Tuesday and $6.6 billion on Thursday.
» Read more about: Fed injects $10B into US economy to stabilize short-term funding markets »
Skyworks Solutions is seeing unusually high put option volume today, as reported by Barchart. This could provide a unique short-put play for value investors in this analog semiconductor stock.
» Read more about: Skyworks Solutions Has Unusual Put Options Volume Today – A Short-Put Play »
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In the latest close session, Take-Two Interactive (TTWO) was up +1.34% at $258.41. This move outpaced the S&P 500’s daily gain of 0.72%. Elsewhere, the Dow gained 0.3%, while the tech-heavy Nasdaq added 1.12%.
The publisher of “Grand Theft Auto” and other video games’s shares have seen an increase of 18.94% over the last month,
