US Market Key News Summary July 9, 2026

Today's Trading Outlook

US Weekly Initial Jobless Claims

US June Existing Home Sales

US Military Conducts New Airstrikes on Iran; US Stock Futures Decline; Trump Says 'Uncertain About Wanting to Negotiate'

The US Central Command announced on Wednesday (8th) afternoon that US forces had conducted another round of airstrikes against Iran, in response to Tehran's attacks on commercial vessels in and around the Strait of Hormuz. US stock futures declined slightly after hours on Wednesday. Earlier in the trading session, US equities weakened amid renewed US-Iran tensions and a sharp rise in oil prices.

What's Happening with AI Trading? Profit-Taking Wave Hits; Nearly 70% of Tech Stocks Sink into Bear Market

Artificial intelligence (AI)-related stocks, which have driven the US stock market higher over the past few months, are now beginning to drag down tech sector performance. As many as 69% of the components in the S&P 500 Information Technology Index have fallen more than 20% from their 52-week intraday highs, slipping one by one into technical bear markets. Is this merely a short-term correction, or the beginning of a broader market reset?

Fed Meeting Minutes: Some Officials Wanted Rate Hike in June; Majority Still Concerned About Inflation Risks

The Federal Reserve (Fed) released the minutes from the Federal Open Market Committee (FOMC) meeting held on June 16–17 on Wednesday (8th). With inflation risks rising and labor market concerns slightly easing, some officials argued during the meeting that there were grounds for an immediate rate hike. However, all attending officials ultimately agreed to maintain the federal funds rate target range at 3.50% to 3.75%, marking the first decision chaired by new Fed Chair Kevin Warsh.

Has China Changed Its Stance? Report Says It May Allow NVIDIA H200 Chips; Alibaba, ByteDance, DeepSeek to Benefit

China's position on NVIDIA (NVDA-US) artificial intelligence (AI) chips appears to be shifting. According to The Information on Wednesday (8th), citing sources, Beijing plans to allow major Chinese AI firms such as Alibaba (BABA-US) (09988-HK), ByteDance, and DeepSeek to purchase a limited number of NVIDIA H200 chips. This suggests that, amid rising demand for computing power, China is considering moderately relaxing restrictions on advanced US AI chips.

Bezos No Longer Self-Funding! Blue Origin Launches First External Fundraising: $10 Billion, Valuation Reaches $130 Billion

Blue Origin, the space company founded by Amazon (AMZN-US) founder Jeff Bezos, has launched its first external fundraising in its 25-year history. According to sources, the company is raising approximately $10 billion, and upon completion, its valuation will reach $130 billion. This marks Blue Origin's formal entry into a new phase of bringing in external capital, reflecting continued investor confidence in the commercial space industry's prospects.