The Daily

Interest in SK hynix “demonstrates continued investor appetite for AI-related semiconductor companies, which encouraged investors to return to tech stocks despite ongoing geopolitical uncertainty in the Middle East,” said Angus Campbell at Trade Nation.

Earlier, most Asian markets advanced, although sentiment remained subdued amid concerns over stretched technology valuations and uncertainty over when AI investments will see returns.

 » Read more about: Stocks shrug off tensions to rise on renewed tech interest  »

Benefits and risks of investing in nickel ETFs

Gaining exposure to this base metal through a nickel ETF may excite some, but investors must familiarize themselves with the benefits and risks before diving in.

Benefits

• Nickel is used in stainless steel and other alloys, so nickel ETFs can provide exposure to a range of industries —

 » Read more about: 4 Best Nickel ETFs for 2026 and How to Invest  »

 » Read more about: The Average Monthly Social Security Check: May 2026  »

 » Read more about: S&P 500, Nasdaq, Dow End Higher Led By Chipmaker Stocks As Investors Look Past US-Iran Hostility — ORCL, SBUX, WULF, PANW, FATE In Focus  »

 » Read more about: Stock futures are little changed as S&P 500 heads for winning week: Live updates  »

US stocks rose on Thursday as investors focused on AI prospects ahead of SK Hynix’s (000660.KS) US trading debut, setting aside jitters over a flare-up in US-Iran hostilities.

The tech-heavy Nasdaq Composite (^IXIC) climbed by 1.3%. Meanwhile, the S&P 500 (^GSPC) gained 0.8%,

 » Read more about: Stock market today: Dow, S&P 500, Nasdaq rise as chip stocks rebound, oil prices fall  »

by
William D’Angelo
, posted 1 hour ago / 410 Views

The Federal Reserve, the central banking system of the US, announced it has named Xbox CEO Asha Sharma as one of three advisors on the Productivity and Jobs task force.

 » Read more about: Xbox CEO Asha Sharma Joins US Federal Reserve as an Advisor for 'Productivity and Jobs' – News  »

By Michael S. Derby

NEW YORK, July 9 (Reuters) – The official responsible for implementing monetary policy at the New York Federal Reserve reiterated on Thursday that Treasury bill-buying aimed at managing market liquidity levels can go up or down as needed.

So-called reserve management purchases, or RMPs, “are not on a preset course,

 » Read more about: Fed's Perli reiterates flexible path of reserve management buying  »

US stocks climbed and oil slid as tech hopes outlasted Middle East worries on global markets overnight.

Here’s the wrap from Pete Schroeder of Reuters:

• Nasdaq gains 1.3%, S&P 500 up 0.81%, Dow gains 0.27%
• US crude settles down 2.3% at $71.83 a barrel,

 » Read more about: Live: Wall Street and European stocks rebound, ASX 200 set to flatline on opening  »

 » Read more about: Most S&P 500 tech stocks are 20% below their highs, while Micron and AMD lead XLK ratings  »