| 📊 Alain’s Holdings — July 9, 2026 | ||||
|---|---|---|---|---|
| Symbol | Name | Price | Change | Change % |
| VOO | Vanguard S&P 500 ETF | 690.69 | +5.43 | +0.79% |
| QQQ | Invesco QQQ Trust | 723.28 | +11.84 | +1.66% |
| XIU.TO | iShares S&P/TSX 60 ETF | 52.42 | +0.36 | +0.69% |
Wall Street bounced back Thursday as investors looked past geopolitical tensions and returned to technology and semiconductor stocks. Falling oil prices and easing Treasury yields also helped improve market sentiment.
The S&P 500 rose 0.8%, the Nasdaq Composite jumped 1.3%, and the Dow Jones Industrial Average gained 0.3%, recovering much of Wednesday’s losses.
The biggest driver of today’s rally was the semiconductor sector.
Micron Technology surged after announcing plans to invest more than $250 billion in U.S. memory-chip manufacturing through 2035 to meet the growing demand for artificial intelligence. The announcement lifted the entire chip industry, with companies such as Applied Materials and Sandisk also posting strong gains. Reports that Meta Platforms plans to begin manufacturing its own AI chips later this year further boosted confidence in the AI ecosystem.
Another welcome development came from the energy market.
After surging yesterday on fears of a wider Middle East conflict, Brent crude fell more than 2%, easing concerns that higher oil prices would fuel inflation. Lower Treasury yields added further support for equities, particularly growth stocks.
Economic data also painted a mixed but generally encouraging picture.
Weekly jobless claims came in below expectations, suggesting the labor market remains resilient, while weaker housing data highlighted the continuing affordability challenges facing homebuyers. Investors viewed the combination as supportive for the economy without significantly increasing inflation fears.
Today’s market offered another reminder that headlines often dominate short-term trading.
Yesterday, investors focused on geopolitical risk.
Today, they focused on innovation, corporate investment, and long-term growth.
The fundamentals of successful investing haven’t changed.
Markets will always react to breaking news.
Long-term wealth is created by owning exceptional businesses that continue investing, innovating, and growing through both good times and bad.
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