Stock Market Midday, July 22: Markets Brace for Alphabet Earnings as Hyperscaler's AI Debt Comes Into Focus
Today, July 22, 2026, WTI crude oil jumped above $86 per barrel on Middle East tensions, sparking inflation fears.
Overview
As of 11:31 AM ET, the Dow Jones Industrial Average (DJINDICES:^DJI) is up 0.24% to 52,351.14, the S&P 500 (SNPINDEX:^GSPC) has gained 0.07% to 7,514.29, and the Nasdaq Composite (NASDAQINDEX:^IXIC) has slipped 0.15% to 25,798.97 as tech stocks come under pressure.
Gold prices have climbed 1.98% to $4,154.42 as of 11:39 AM ET, while the 10-Year Treasury yield is trading up 0.02% at 4.65%. Utilities and energy stocks are leading sector gains, while technology and communication services are falling.
Details
The Magnificent Seven are in focus this morning, with quarterly results due from Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) and Tesla (NASDAQ:TSLA) after the bell. Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), and Meta Platforms (NASDAQ:META) all dropped in early trading. Super Micro Computer (NASDAQ:SMCIP) soared over 24% after the company said it expects its 2026 gross margins to double.
Source
Originally published at www.fool.com.