Global Market: The three major U.S. stock indexes collectively closed down, storage concept stocks generally fell, and international oil prices rose by more than 9%
1. The Dow fell 0.26%, the Nasdaq fell 1.55%, and the S&P 500 fell 0.79%. 2. International oil prices rose by more than 9%, spot gold fell by nearly 3%, and spot silver fell by more than 3%. 3. Storage concept stocks fell sharply, with SanDisk falling by more than 12%, SK Hynix falling by more than 9%, Seagate Technology falling by more than 5%, and Micron Technology falling by more than 4%.
U.S. stock market: The three major U.S. stock indexes closed down across the board on July 13. As of the close, the Dow Jones Industrial Average fell 138.37 points from the previous trading day to close at 52498.64 points, a decrease of 0.26%; the S&P 500 stock index fell 60.05 points to close at 7515.34 points, a decrease of 0.79%; the Nasdaq Composite Index fell 408.43 points to close at 25873.18 points, a decrease of 1.55%. Most of the large technology stocks fell. Marvell Technology and Arm fell by more than 7%, Intel fell by more than 6%, AMD and SpaceX fell by more than 4%, Nvidia and Tesla fell by more than 3%, Apple rose by 0.63% to a record high, and Microsoft rose by more than 1%. Storage concept stocks fell sharply, with SanDisk falling by more than 12%, SK Hynix falling by more than 9%, Seagate Technology falling by more than 5%, and Micron Technology and Western Digital falling by more than 4%. Optical communication concept stocks generally fell, with Applied Optoelectronics falling more than 6%, Coherent falling more than 5%, and Lumentum and Corning falling more than 4%. Oil and gas stocks generally rose, with EOG Energy and Exxon Mobil rising by more than 4%, and Occidental Petroleum, ConocoPhillips, and Chevron rising by more than 3%. Popular Chinese concept stocks had mixed gains and losses, with the Nasdaq China Golden Dragon Index falling 0.14%. NIO rose more than 3%, NetEase and JD.com rose more than 2%, and Huya and Baidu fell more than 3%. European stock market: All three major European stock indexes rose on July 13. The Financial Times 100-stock average price index of the London stock market closed at 10,498.29 points, up 1.0 points or 0.01% from the previous trading day; the CAC40 index of the Paris stock market in France closed at 8,364 .65 points, an increase of 25.69 points, or 0.31%, from the previous trading day; the DAX index of the Frankfurt stock market in Germany closed at 25114.25 points, an increase of 47.16 points, or 0.19%, from the previous trading day. Commodity market: International oil prices rose on July 13. As of the close of the day, the continuous contract of WTI crude oil futures on the New York Mercantile Exchange for the month rose by $6.59 and closed at $78.0 per barrel, an increase of 9.23%. The continuous contract of COMEX gold futures for the month fell by US$105.00, or 2.55%, to US$4008.7 per ounce. The continuous contract of COMEX silver futures for the month fell by US$2.19, or 3.63%, to US$57.98 per ounce. Spot gold fell by $119.95, or 2.91%, to $4,001.13 per ounce. Spot silver fell by $2.21, or 3.69%, to $57.66 per ounce. The US military will impose a naval blockade on Iran from 20:00 GMT on the 14th On July 13, local time, the Joint Maritime Information Center supervised by the U.S. Navy stated that the U.S. military will begin to implement a naval blockade of all Iranian ports and Iranian coastal areas at 20:00 GMT on July 14 (4:00 a.m. Beijing time on the 15th). The blockade applies to all ships regardless of their flag. The blockade covers the entire coastline of Iran, including but not limited to Iranian ports and oil terminals. The blockade will not impede transit passage of neutral vessels through the Strait of Hormuz to or from non-Iranian destinations. Humanitarian shipments will be allowed to pass, subject to inspections. Fed Waller: We still need to wait for more data to raise interest rates, and inflation will continue to be high before any action can be taken Federal Reserve Governor Waller said on Monday local time that he remained vigilant about the current inflation situation, but warned that he should not fall into the mindset of "re-fighting the last war." He believes that the Fed should wait for more economic data before deciding whether to raise interest rates. If inflation continues to be significantly higher than the target, the Fed may need to raise interest rates. Trump: US will charge 20% for shipping through Strait of Hormuz
U.S. President Trump posted on social media on the 13th that the United States will resume its maritime blockade against Iran and charge a 20% fee on all goods transported through the Strait of Hormuz. Trump said the Strait of Hormuz is currently open and will remain open regardless of Iran's involvement. “We are reinstating the ‘Iran Blockade’, so named because it only prevents Iranian ships or customers from entering or exiting the strait. All other countries have fair and open access to the strait.” American photovoltaic giant enters the "selling computing power" track, CEO claims users can earn hundreds of dollars per month Sunrun, the largest supplier of residential photovoltaic and energy storage equipment in the United States, is advancing a so-called "distributed AI data center" pilot. Company CEO Mary Powell said on Monday that for users participating in this program, it is possible to earn hundreds of dollars per month by selling computing power. It is reported that Sunrun has more than 1 million users in the United States who have deployed rooftop photovoltaic systems. Faced with the AI industry’s frenzied pursuit of computing power, waving checks, photovoltaic companies saw an opportunity to “sell shovels.” South Korea's retail "ammunition arsenal" decreased by 34 trillion won in a month As the Korean Composite Index has fallen rapidly from 9,200 points to 6,800 points in the past four weeks, "how long can Korean retail investors continue to hold on" has become a key indicator to measure whether the "AI bull market" is still alive. The U.S. State Department announces an action to "undermine the International Criminal Court's ability to operate." The U.S. State Department announced on the 13th that it had launched an operation involving multiple government departments to "systematically weaken the International Criminal Court's operational capabilities" so that it could not take action against U.S. military personnel or government officials and prevent it from "threatening U.S. sovereignty" in other ways. According to an email statement sent to the media by the U.S. State Department, the measures the U.S. will take include revoking the visas of ICC personnel and imposing travel bans on them, increasing sanctions on the ICC and its affiliated institutions, and strengthening diplomatic negotiations to urge some countries to withdraw from the ICC. The statement emphasized that the United States has never agreed to accept the jurisdiction of the International Criminal Court. UAE port giant plans to build new east coast port to reduce dependence on Hormuz The latest news shows that DP World plans to build a new port and container terminal on the east coast of the United Arab Emirates to reduce dependence on its flagship port of Jebel Ali and bypass the Strait of Hormuz. The Dubai-based port operator is in talks to develop a new multi-purpose port off the coast of Fujairah and build a new terminal at Fujairah's existing port, people familiar with the matter said. Many central banks will discuss interest rates for the first time in the second half of the year or send a tight signal This week, many central banks will hold their first interest rate meeting in the second half of the year. Among them, there are expectations of interest rate hikes in South Korea, which affects global market sentiment and may further strengthen the overall trend of global monetary policy tightening. Industry insiders analyze that the current economic recovery foundation of most economies is not yet solid, and multiple factors are adding up to push up the stickiness of inflation. Central banks of various countries are in a dilemma when it comes to policy decisions. Global energy supply faces three major short-term shocks Iran's Islamic Revolutionary Guard Corps Navy announced on the 12th that in view of the unsafe situation caused by illegal interference by foreign forces, the Strait of Hormuz will be closed from now on and no ships will be allowed to pass. The U.S. military later stated that the southern channel of the Strait of Hormuz remains "open." Analysts believe that the uncertainty about the navigation of the Strait of Hormuz has once again become the focus, causing global energy supply to face three major short-term impacts on both the supply and demand ends. "Wake up early and catch a late meeting": Which move is wrong in the development of European AI? In March 2026, OpenClaw, an open source AI agent project led by Austrian developers, caused a huge sensation in the global technology community. This technological breakthrough originating from Europe is equally impressive as Europe's overall lagging behind in AI. Generally speaking, Europe has intervened very early in AI governance and strategic layout, but has fallen into the status quo of "getting up early and going to work late". Experts point out that there are many reasons for Europe's dilemma and anxiety. In the brutal race towards general AI, any strategy for governance and development that is divorced from the industrial ecology will be a castle in the air.
U.S. President Trump posted on social media on the 13th that the United States will resume its maritime blockade against Iran and charge a 20% fee on all goods transported through the Strait of Hormuz. Trump said the Strait of Hormuz is currently open and will remain open regardless of Iran's involvement. “We are reinstating the ‘Iran Blockade’, so named because it only prevents Iranian ships or customers from entering or exiting the strait. All other countries have fair and open access to the strait.” American photovoltaic giant enters the "selling computing power" track, CEO claims users can earn hundreds of dollars per month Sunrun, the largest supplier of residential photovoltaic and energy storage equipment in the United States, is advancing a so-called "distributed AI data center" pilot. Company CEO Mary Powell said on Monday that for users participating in this program, it is possible to earn hundreds of dollars per month by selling computing power. It is reported that Sunrun has more than 1 million users in the United States who have deployed rooftop photovoltaic systems. Faced with the AI industry’s frenzied pursuit of computing power, waving checks, photovoltaic companies saw an opportunity to “sell shovels.” South Korea's retail "ammunition arsenal" decreased by 34 trillion won in a month As the Korean Composite Index has fallen rapidly from 9,200 points to 6,800 points in the past four weeks, "how long can Korean retail investors continue to hold on" has become a key indicator to measure whether the "AI bull market" is still alive. The U.S. State Department announces an action to "undermine the International Criminal Court's ability to operate." The U.S. State Department announced on the 13th that it had launched an operation involving multiple government departments to "systematically weaken the International Criminal Court's operational capabilities" so that it could not take action against U.S. military personnel or government officials and prevent it from "threatening U.S. sovereignty" in other ways. According to an email statement sent to the media by the U.S. State Department, the measures the U.S. will take include revoking the visas of ICC personnel and imposing travel bans on them, increasing sanctions on the ICC and its affiliated institutions, and strengthening diplomatic negotiations to urge some countries to withdraw from the ICC. The statement emphasized that the United States has never agreed to accept the jurisdiction of the International Criminal Court. UAE port giant plans to build new east coast port to reduce dependence on Hormuz The latest news shows that DP World plans to build a new port and container terminal on the east coast of the United Arab Emirates to reduce dependence on its flagship port of Jebel Ali and bypass the Strait of Hormuz. The Dubai-based port operator is in talks to develop a new multi-purpose port off the coast of Fujairah and build a new terminal at Fujairah's existing port, people familiar with the matter said. Many central banks will discuss interest rates for the first time in the second half of the year or send a tight signal This week, many central banks will hold their first interest rate meeting in the second half of the year. Among them, there are expectations of interest rate hikes in South Korea, which affects global market sentiment and may further strengthen the overall trend of global monetary policy tightening. Industry insiders analyze that the current economic recovery foundation of most economies is not yet solid, and multiple factors are adding up to push up the stickiness of inflation. Central banks of various countries are in a dilemma when it comes to policy decisions. Global energy supply faces three major short-term shocks Iran's Islamic Revolutionary Guard Corps Navy announced on the 12th that in view of the unsafe situation caused by illegal interference by foreign forces, the Strait of Hormuz will be closed from now on and no ships will be allowed to pass. The U.S. military later stated that the southern channel of the Strait of Hormuz remains "open." Analysts believe that the uncertainty about the navigation of the Strait of Hormuz has once again become the focus, causing global energy supply to face three major short-term impacts on both the supply and demand ends. "Wake up early and catch a late meeting": Which move is wrong in the development of European AI? In March 2026, OpenClaw, an open source AI agent project led by Austrian developers, caused a huge sensation in the global technology community. This technological breakthrough originating from Europe is equally impressive as Europe's overall lagging behind in AI. Generally speaking, Europe has intervened very early in AI governance and strategic layout, but has fallen into the status quo of "getting up early and going to work late". Experts point out that there are many reasons for Europe's dilemma and anxiety. In the brutal race towards general AI, any strategy for governance and development that is divorced from the industrial ecology will be a castle in the air.