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U.S. stocks closed higher across the board: chip stocks led the rebound, with the Philadelphia Semiconductor Index soaring more than 5%

2026-07-22·newswire-us-stock-004511
U.S. stocks closed higher across the board: chip stocks led the rebound, with the Philadelphia Semiconductor Index soaring more than 5%.

On July 21, Eastern Time, U.S. stocks closed higher across the board, with chip stocks performing strongly. As of the close, the Dow Jones Index rose 0.74% to 52224.64 points; the S&P 500 Index rose 0.89% to 7509.20 points; the Nasdaq Composite Index rose 1.29% to 25837.21 points. Large technology stocks ended mixed, with the Wind Seven U.S.

Technology Index rising 0.09%. Tesla rose more than 2%, Nvidia rose nearly 2%, and Apple rose 0.35%; Google and Microsoft fell more than 1%, Amazon fell nearly 1%, and Facebook fell 0.32%. A rebound in chip stocks boosted the stock market, with the Philadelphia Semiconductor Index rising 5.21%.

Micron Technology rose by more than 12%, Intel rose by 8.64%, AMD rose by 8.11%, and ARM rose by 7.46%; TSMC rose by more than 5%, Qualcomm rose by 1.87%, and Nvidia rose by 1.97%. Optical communication concept stocks collectively strengthened.

Applied Optoelectronics rose by more than 12%, Coherent rose by more than 11%, Lumentum rose by more than 9%, and Marvell Technology and Corning both rose by more than 6%.

Lindsey Bell, chief investment strategist at Ventures, said: "Investors are rushing to cover semiconductor stocks before the earnings report is released because they have developed a fear of missing out (FOMO), worried that these companies may report results that far exceed expectations and raise their outlook, and their current positions are not as large

as they were before the recent correction." However, Bell reminded that when the stock price rises sharply before the earnings report, "it will be more difficult for the stock price to continue to rise after the earnings report is released." She further pointed out: "The performance data will be very eye-catching, but the stock price has already factored in

the most perfect expectations." Popular Chinese concept stocks were mixed, with the Nasdaq China Golden Dragon Index closing down 0.68%.

Futu Holdings rose 5.47%, Dingdong Maicai rose more than 4%, Pony.ai rose 2.98%, and Xpeng Group rose 1.06%; Huazhu Group and NetEase fell more than 3%, Tencent Music fell 2.51%, Alibaba fell 1.97%, Baidu fell 1.45%, and Pinduoduo fell 1.42%.

Energy stocks rose one after another, with Exxon Mobil rising by more than 26%, Occidental Petroleum rising by more than 2%, and ConocoPhillips rising by more than 1%. International oil prices jumped further to highs.

As of the close of the day, the price of light crude oil futures for August delivery on the New York Mercantile Exchange rose by $1.68 to close at $84.91 per barrel, an increase of 2.02%; the price of Brent crude oil futures for September delivery rose by $1.79 to close at $91.01 per barrel, an increase of 2.01%. According to Xinhua News Agency, when U.S.

President Trump met with visiting Lebanese President Aoun at the White House on the 21st, he stated that the United States would take action if the Houthi armed forces in Yemen 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." The Houthi armed forces in Yemen announced a "maritime embargo" on Saudi Arabia on the 20th, which will take effect immediately.

The Saudi-led multinational coalition subsequently stated that it had taken measures to protect the safe passage of member states' ships through the Bab el-Mandeb Strait and would resolutely respond to any threat from the Houthis. Gold and silver prices rose significantly.

Spot gold rose 1.76% to US$4,078.31 per ounce; spot silver rose more than 4% to US$58.7980 per ounce. COMEX gold futures rose 1.65% to US$4,082.20 per ounce; COMEX silver futures rose 3.50% to US$59.07 per ounce.

Shenyin & Wanguo Futures stated that from a mid- to long-term perspective, the price center of precious metals has a basis for continued upward movement, global geopolitical risk centers are rising, and at the same time, fiscal pressure in the United States is intensifying, and the de-dollarization process will continue to advance.

Silver, platinum, and palladium have both financial and industrial attributes. They follow the precious metals sector as a whole, and their upward flexibility depends on the cooperation of industrial demand.

#Stocks #Nvidia #Tesla #Apple #Microsoft #AMD #ARM

Full text

U.S. stocks closed higher across the board: chip stocks led the rebound, with the Philadelphia Semiconductor Index soaring more than 5%

On July 21, Eastern Time, U.S. stocks closed higher across the board, with chip stocks performing strongly. As of the close, the Dow Jones Index rose 0.74% to 52224.64 points; the S&P 500 Index rose 0.89% to 7509.20 points; the Nasdaq Composite Index rose 1.29% to 25837.21 points. Large technology stocks ended mixed, with the Wind Seven U.S. Technology Index rising 0.09%. Tesla rose more than 2%, Nvidia rose nearly 2%, and Apple rose 0.35%; Google and Microsoft fell more than 1%, Amazon fell nearly 1%, and Facebook fell 0.32%.

On July 21, Eastern Time, U.S. stocks closed higher across the board, with chip stocks performing strongly. As of the close, the Dow Jones Index rose 0.74% to 52224.64 points; the S&P 500 Index rose 0.89% to 7509.20 points; the Nasdaq Composite Index rose 1.29% to 25837.21 points. Large technology stocks ended mixed, with the Wind Seven U.S. Technology Index rising 0.09%. Tesla rose more than 2%, Nvidia rose nearly 2%, and Apple rose 0.35%; Google and Microsoft fell more than 1%, Amazon fell nearly 1%, and Facebook fell 0.32%. A rebound in chip stocks boosted the stock market, with the Philadelphia Semiconductor Index rising 5.21%. Micron Technology rose by more than 12%, Intel rose by 8.64%, AMD rose by 8.11%, and ARM rose by 7.46%; TSMC rose by more than 5%, Qualcomm rose by 1.87%, and Nvidia rose by 1.97%. Optical communication concept stocks collectively strengthened. Applied Optoelectronics rose by more than 12%, Coherent rose by more than 11%, Lumentum rose by more than 9%, and Marvell Technology and Corning both rose by more than 6%. Lindsey Bell, chief investment strategist at Ventures, said: "Investors are rushing to cover semiconductor stocks before the earnings report is released because they have developed a fear of missing out (FOMO), worried that these companies may report results that far exceed expectations and raise their outlook, and their current positions are not as large as they were before the recent correction." However, Bell reminded that when the stock price rises sharply before the earnings report, "it will be more difficult for the stock price to continue to rise after the earnings report is released." She further pointed out: "The performance data will be very eye-catching, but the stock price has already factored in the most perfect expectations." Popular Chinese concept stocks were mixed, with the Nasdaq China Golden Dragon Index closing down 0.68%. Futu Holdings rose 5.47%, Dingdong Maicai rose more than 4%, Pony.ai rose 2.98%, and Xpeng Group rose 1.06%; Huazhu Group and NetEase fell more than 3%, Tencent Music fell 2.51%, Alibaba fell 1.97%, Baidu fell 1.45%, and Pinduoduo fell 1.42%. Energy stocks rose one after another, with Exxon Mobil rising by more than 26%, Occidental Petroleum rising by more than 2%, and ConocoPhillips rising by more than 1%. International oil prices jumped further to highs. As of the close of the day, the price of light crude oil futures for August delivery on the New York Mercantile Exchange rose by $1.68 to close at $84.91 per barrel, an increase of 2.02%; the price of Brent crude oil futures for September delivery rose by $1.79 to close at $91.01 per barrel, an increase of 2.01%. According to Xinhua News Agency, when U.S. President Trump met with visiting Lebanese President Aoun at the White House on the 21st, he stated that the United States would take action if the Houthi armed forces in Yemen 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." The Houthi armed forces in Yemen announced a "maritime embargo" on Saudi Arabia on the 20th, which will take effect immediately. The Saudi-led multinational coalition subsequently stated that it had taken measures to protect the safe passage of member states' ships through the Bab el-Mandeb Strait and would resolutely respond to any threat from the Houthis. Gold and silver prices rose significantly. Spot gold rose 1.76% to US$4,078.31 per ounce; spot silver rose more than 4% to US$58.7980 per ounce. COMEX gold futures rose 1.65% to US$4,082.20 per ounce; COMEX silver futures rose 3.50% to US$59.07 per ounce. Shenyin & Wanguo Futures stated that from a mid- to long-term perspective, the price center of precious metals has a basis for continued upward movement, global geopolitical risk centers are rising, and at the same time, fiscal pressure in the United States is intensifying, and the de-dollarization process will continue to advance. Silver, platinum, and palladium have both financial and industrial attributes. They follow the precious metals sector as a whole, and their upward flexibility depends on the cooperation of industrial demand.

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