Yahoo Finance | EN590 Commodities
EN590 Commodities GroupCrude Oil 2026-07-07T14:55:08+00:00
US stocks fell on Tuesday after Samsung's (016360.KS) quarterly results sparked renewed selling in chip stocks and oil prices edged higher. The Dow Jones Industrial Average (^DJI) ticked down 0.1% on the heels ofa record-setting day on Wall Street. The S&P 500 (^GSPC) and the Nasdaq Composite (^IXIC) fell 0.6% and 1.4%, respectively. Volatility continued in the tech trade after Samsung reported colossal profits in the second quarter. Surging demand for artificial intelligence helped lift Samsung's Q2operating profit 19-fold; however, concerns about its AI spending plans and future demand spooked investors, leading to broader selling pressure across the semiconductor sector. The pullback in tech stocks weighed on markets on Tuesday following a rally the day before that lifted the Dow to a r
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