News Bulletin
Friday, July 10, 2026
Evening Edition

Economic Numbers:

Time

Event

Actual

Forecast

Previous

Friday, July 10, 2026

13:10

U.S. Baker Hughes Oil Rig Count

445.00

 

445.00

13:10

U.S. Baker Hughes Total Rig Count

581.00

 

580.00

 

Indices
 

 

CLOSE

50 DMA

200 DMA

DJIA

52,637.01

50,898.96

48,607.20

NASDAQ

26,281.61

26,048.49

23,791.66

S&P 500

7,575.39

7,433.12

6,964.77

Earnings Calendar:

(EPS: Earning Per Share / Rev: Revenue / Mkt Cap: market Capital/ BMO: Before Market Opening /AMC: After Market Close)

   COMPANY

EPS  Act

EPS Fore

Rev Act

Rev Fore

Mkt Cap

Time

ProgressivePGR:US

 

3.81

 

21.69B

$135.26B

 

Delta Air LinesDAL:US

1.56

1.49

17.7B

17.43B

$43.93B

AM

WD-40WDFC:US

 

-

 

-

$3.34B

 

Washington FederalWAFD:US

 

0.76

 

191.74M

$3.02B

 

 

Market News:

Wall Street on Friday ended higher, with the spotlight on the blockbuster U.S. listing of South Korea’s SK Hynix, which closed nearly 13% above its offering price on the Nasdaq.

 

Markets also advanced for the first full trading week of July, helped by a rebound in chip stocks, with traders largely looking past the biggest escalation in tensions between the U.S. and Iran since they inked an interim peace deal last month. President Donald Trump reiterated that Tehran had asked for a continuation of talks, though he also said a ceasefire between the two sides was over.  

 

The benchmark S&P 500 index climbed 0.4% to finish at 7,573.79 points, the tech-heavy NASDAQ Composite gained 0.3% to settle at 26,281.61 points, and the blue-chip Dow Jones Industrial Average added 0.3% to conclude at 52,637.09 points.

Biggest ever U.S. listing by a foreign company

A new trillion-dollar firm became available for trading for U.S. investors on Friday, after South Korean tech giant SK Hynix debuted on the Nasdaq. The company offered 17.79 million shares represented by American depositary shares, with each ADS standing for one-tenth of a common share. After pricing the shares at $149 and subsequently raising $26.5 billion in the biggest U.S. listing by a foreign firm, SK Hynix opened at $170, and finally ended 12.8% higher at $168.01.

 

SK Hynix, larger rival Samsung Electronics, and U.S. company Micron Technology are the biggest manufacturers of conventional Dynamic Random Access Memory (DRAM) and High Bandwidth Memory (HBM) chips used in computers and to power artificial intelligence processes. Soaring demand for the latter in particular after the AI boom has led to a supply crunch and surging prices for memory and for computing power.

 

According to research firm Counterpoint, SK Hynix held the number two and number one spot in the global DRAM and HBM market share, respectively, in Q1 2026. The South Korean firm is also one of AI chip behemoth Nvidia’s biggest suppliers of HBM. The Jensen Huang-led company’s stock rose 4%, helped by SK Hynix’s blockbuster debut. Meanwhile, Micron shares fell 1.2%.

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