Trump said he would attack Iran's underground nuclear facilities, and U.S. officials hinted that new tariffs would be introduced soon: Global Markets
U.S. stocks opened higher overnight, with the three major indexes collectively closing higher. The Nasdaq rose 1.29%, the S&P 500 rose 0.89%, and the Dow Jones Industrial Average rose 0.74%. The Philadelphia Semiconductor Index closed up 5.21%, its largest one-day gain since June 22. The storage sector rebounded strongly, with SanDisk rising over 14% and SK Hynix rising over 13%. Livermore's leading index of Chinese concept stocks closed up 1.06%. Major European stock indexes collectively closed higher, with Germany's DAX index rising 0.66%. In the commodity market, the settlement price of international crude oil futures rose by more than 2%.
U.S. stocks opened higher and moved higher, with the three major indexes collectively closing higher. The Nasdaq rose 1.29%, the S&P 500 rose 0.89%, and the Dow Jones Industrial Average rose 0.74%. The Philadelphia Semiconductor Index closed up 5.21%, its largest one-day gain since June 22. The storage sector rebounded strongly, with SanDisk rising over 14% and SK Hynix rising over 13%. Livermore's leading index of Chinese concept stocks closed up 1.06%. Major European stock indexes collectively closed higher, with Germany's DAX index rising 0.66%. The settlement price of international crude oil futures rose by more than 2%. The settlement price of the August contract of WTI crude oil futures closed up 2.02%, and the settlement price of the September contract of Brent crude oil futures closed up 2.01%. COMEX gold futures rose 1.69% to US$4,083.7 per ounce; COMEX silver futures rose 4.23% to US$59.065 per ounce. [Trump says he will soon strike hard at Iran's Haosan nuclear facility] When U.S. President Trump met with visiting Lebanese President Aoun at the White House on July 21, he told the media that the United States would "soon" launch an attack on Iran's "Haoshan" underground facility south of Natanz, and the attack would be "very violent." [Trump: The United States will take action if the Houthis blockade the Red Sea] Trump said the United States would take action if Yemen's Houthi rebels block the Red Sea. When talking about the Houthi armed forces possibly blocking the Red Sea, Trump said that this has not happened yet. "If it does happen, we will take action and deal with it." [Iranian military: If the United States attacks Iran’s nuclear facilities, all U.S. interests in the Middle East will suffer retaliation] Iran's Hatam Anbia Central Command issued a statement in the early morning of the 22nd local time, stating that the United States has threatened to attack Iran's nuclear facilities and sensitive centers. Once the US military takes such action, Iran will regard it as an expansion of regional war, and all interests of the United States and its allies in the region will become targets of powerful strikes by the Iranian armed forces. [Kuwait summons Iranian ambassador to protest attack on country’s ship] On behalf of Kuwait’s Ministry of Foreign Affairs, Hamad Suleiman Masha’an, Deputy Minister of Foreign Affairs of Kuwait, summoned Iranian Ambassador to Kuwait Mohammad Tutunji. Masha'an submitted a diplomatic note to Tutunji to express Kuwait's protest against the previous attack on a Kuwaiti oil tanker in the Strait of Hormuz. The day before, an oil and gas tanker was attacked near the Strait of Hormuz. The fuel tank caught fire, a large amount of smoke came out of the hull, and the crew abandoned the ship. [U.S. Secretary of Defense: The war against Iran has cost $37.5 billion] U.S. Defense Secretary Hegseth said that the U.S. war against Iran has cost $37.5 billion so far, higher than previously announced estimates. Hegseth testified before the Senate Appropriations Committee that day to gain support for the $95 billion budget proposed by the Republicans. In addition to military spending, the package also includes agricultural aid and adjustments to election laws that are a priority for the White House. [International Energy Agency: Deteriorating situation in the Middle East exacerbates global energy security risks] Fatih Birol, executive director of the International Energy Agency, issued a statement saying that the escalation of conflicts in the Middle East has affected the Strait of Hormuz and regional energy infrastructure, further exacerbating global oil supply security concerns and market uncertainty; the security threats facing the Bab el-Mandeb Strait have also further increased energy transportation risks. According to the International Energy Agency, since member states decided to release 400 million barrels of strategic oil reserves to the market on March 11, approximately 290 million barrels have entered the market. Member states still hold more than 1 billion barrels of government strategic reserves and can continue to deal with supply risks. [The U.S. Trade Representative hinted that new tariff policies will be introduced soon] U.S. Trade Representative Jamison Greer hinted in an interview with the media on the 21st that the U.S. federal government will soon introduce new tariff policies to replace the 10% global import tariff that is about to expire. Greer said he could not give a specific time for the introduction of the new tariff policy now, and the policy would need to be notified to Congress and other stakeholders before it is officially announced. Greer said that the U.S. government is expected to impose additional tariffs of 10% to 12.5% on 60 countries and regions in the name of so-called "forced labor" in accordance with Section 301 of the Trade Act of 1974 to replace the global import tariffs that are about to expire. [Canadian Prime Minister: Will consider all options to deal with tariffs imposed by the United States and Canada]
Canadian Prime Minister Mark Carney said on July 21, local time, that he had spoken with U.S. President Trump after the announcement of U.S. tariffs. Carney also said Canada would consider all response options if (new tariffs) take effect. [SK Hynix is reported to be negotiating to purchase Intel’s Ohio campus to produce memory chips] According to reports, SK Hynix is negotiating with Intel to acquire Intel's large semiconductor park in Ohio, USA, with the goal of starting front-end production of memory chips there within five years. It is reported that SK Hynix is currently conducting an internal evaluation of this acquisition and performing government approval procedures. The specific acquisition price and timetable are still being coordinated. [OpenAI: ChatGPT Work and GPT-5.6 are available to small businesses starting today] OpenAI announced the launch of the ChatGPT service plan for small businesses. ChatGPT Work and GPT-5.6 will be available to small businesses starting today. [The French Parliament passes a bill banning the use of social media by minors under the age of 15] [Vale’s iron ore production in the second quarter reported 84.26 million tons, higher than market expectations] Vale's iron ore production in the second quarter was reported at 84.26 million tons, compared with the expected 83.84 million tons. Iron ore sales in the second quarter were 69.95 million tons, analysts expected 69.54 million tons. Nickel production in the second quarter was 42,000 tons, a year-on-year increase of 4.2%.
Canadian Prime Minister Mark Carney said on July 21, local time, that he had spoken with U.S. President Trump after the announcement of U.S. tariffs. Carney also said Canada would consider all response options if (new tariffs) take effect. [SK Hynix is reported to be negotiating to purchase Intel’s Ohio campus to produce memory chips] According to reports, SK Hynix is negotiating with Intel to acquire Intel's large semiconductor park in Ohio, USA, with the goal of starting front-end production of memory chips there within five years. It is reported that SK Hynix is currently conducting an internal evaluation of this acquisition and performing government approval procedures. The specific acquisition price and timetable are still being coordinated. [OpenAI: ChatGPT Work and GPT-5.6 are available to small businesses starting today] OpenAI announced the launch of the ChatGPT service plan for small businesses. ChatGPT Work and GPT-5.6 will be available to small businesses starting today. [The French Parliament passes a bill banning the use of social media by minors under the age of 15] [Vale’s iron ore production in the second quarter reported 84.26 million tons, higher than market expectations] Vale's iron ore production in the second quarter was reported at 84.26 million tons, compared with the expected 83.84 million tons. Iron ore sales in the second quarter were 69.95 million tons, analysts expected 69.54 million tons. Nickel production in the second quarter was 42,000 tons, a year-on-year increase of 4.2%.