Stocks in the Red Amid Geopolitical Uncertainty | Closing Bell
Bloomberg Markets and Finance
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July 13, 2026 at 09:30 PM UTC
Bearish
90% Confidence
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Key Points
- Major US indices (Dow, S&P 500, Nasdaq, Russell 2000) closed in the red, with Nasdaq composite down 1.6%.
- Oil prices (Brent, WTI) surged over 8-9%, contributing to higher US Treasury yields, especially on the 2-year yield, reaching levels not seen since February 2025.
- Information Technology was the worst-performing sector, down over 2%, while Energy was the best performer, up over 3%.
- Specific stock movements included Paramount Skydance and Warner Bros Discovery up on M&A news, Mattel and Hasbro up on analyst commentary, and SK Hynix, Kenvue, and AppLovin Corp down due to various company-specific issues.
AI Summary
US stocks closed lower across the board, with tech leading declines, as rising oil prices fueled concerns about inflation and potential Fed rate hikes. Upcoming big bank earnings and key economic data are anticipated to provide further market direction. Geopolitical tensions and specific company news also contributed to market movements.
Model Analysis Breakdown
| Model | Sentiment | Confidence |
|---|---|---|
| Gemini 2.5 Flash | Bearish | 90% |
| Consensus | Bearish | 90% |