Stock Market Today, July 13: Energy Stocks Cushion Dow as Tech Slides on Geopolitical Tensions
Energy names help cushion the Dow as oil jumps on U.S.–Iran tensions and investors brace for key earnings and inflation data, today, July 13, 2026.
Overview
As of 11:45 a.m. ET, the S&P 500 (SNPINDEX:^GSPC) fell 0.39% to 7,546.18, the Nasdaq Composite (NASDAQINDEX:^IXIC) slid 0.92% to 26,039.24 on tech weakness, and the Dow Jones Industrial Average (DJINDICES:^DJI) dipped 0.21% to 52,528.23, somewhat cushioned by energy names.
A sharp rise in oil prices aided energy-linked Dow components while semiconductor names stayed under pressure after steep declines in SK Hynix (NASDAQ:SKHY) and Samsung Electronics; pockets of resilience appeared in select large-cap tech like Apple (NASDAQ:AAPL) and biotech name Biogen (NASDAQ:BIIB) on upbeat analyst calls.
Details
Geopolitical strife continued to influence stocks as the U.S. and Iran traded words and military strikes. That led global equity markets to take a risk-off stance as oil prices rose about 5%. Tech names in Asia sank overnight, and that continued after U.S. markets opened.
Source
Originally published at www.fool.com.