Global Markets Weekly Update - July 10, 2026

U.S. Market Overview

Major U.S. stock indexes closed the week mixed, with the Nasdaq Composite and S&P 500 Index gaining due to a rebound in semiconductor and AI-related shares. The Nasdaq led with a 1.74% gain, while the S&P 500 advanced 1.23%. In contrast, the Dow Jones Industrial Average declined by 0.50%, and the Russell 2000 Index fell 0.61%. Growth stocks outperformed value stocks.

Sector performance within the S&P 500 saw information technology leading, while energy and communication services also posted strong gains. The week was characterized by light trading volumes as investors awaited upcoming economic data and earnings reports.

Federal Reserve Insights

Minutes from the Federal Reserve's June meeting revealed a divergence among policymakers regarding interest rate outlooks, with some advocating for a rate hike. Economic data releases were limited, with the services PMI easing slightly but remaining in expansion territory.

Global Economic Highlights

Europe

The pan-European STOXX 600 Index fell 1.79% amid geopolitical tensions, particularly between the U.S. and Iran. Germany's inflation rate decreased to 2.3%, while household consumption in the Netherlands rose significantly.

Japan

Japan's stock markets declined, with the Nikkei 225 Index down 1.70%. Geopolitical tensions and higher oil prices affected investor sentiment. Producer prices accelerated, indicating persistent inflationary pressures.

China

Chinese equities diverged, with mainland indexes declining while Hong Kong stocks advanced. Inflation data showed subdued consumer demand, but producer prices increased, reflecting stronger upstream pricing.

Other Key Markets

In New Zealand, the central bank raised rates for the first time in three years, signaling further tightening may be needed. In Mexico, inflation cooled, but external risks weighed on the peso amid a challenging global backdrop.

Market Performance Summary

Index	Friday’s Close	Week's Change	% Change YTD
DJIA	52,637.01	-263.06	9.52%
S&P 500	7,575.39	92.15	10.66%
Nasdaq Composite	26,281.61	448.94	13.08%
S&P MidCap 400	3,780.12	-22.69	14.37%
Russell 2000	2,977.81	-18.30	19.98%

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