On July 22nd local time, the pre-market short-term decline of US storage stock-related companies caused SK Hynix's ADR to drop by 6.7%, Micron Technology to fall by more than 4%, SanDisk to widen its decline by 3.9%, and Western Digital to drop by more than 4%.
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In late July 2026, the global commodity market showed a typical tug-of-war between bulls and bears. Geopolitical conflicts in the Middle East continued to escalate, and the standoff between the U.S. and Iran kept disrupting the global energy supply chain, driving international oil prices steadily higher.
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On July 20th, the Federal Deposit Insurance Corporation announced the takeover of the Lone Star United Bank in Texas.
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The far-than-expected data of a 0.42% month-on-month drop in the U.S. June CPI quickly compressed the probability of a July rate hike—as displayed by the CME FedWatch Tool—to 14.4%.
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AP, New York — Global financial markets faced dual negative shocks on Friday.
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Recently, global monetary policy trends have shifted again. Previously, the market generally expected the Federal Reserve to keep interest rates steady and gradually wait for a rate-cutting window.
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Renowned economist Peter Schiff recently issued a major warning: The world is collectively selling off the US dollar and US bonds, and significantly increasing its holdings of gold.
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In the first half of 2026, the gold market experienced a roller coaster ride: in January, the gold price repeatedly broke historical highs, reaching $5405 per ounce; In June, it fell to $4002 per ounce, with a maximum drawdown of nearly 30%.
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According to Fool, recently Micron Technology and Ford Motor have reached a long-term strategic customer agreement (SCA), which has attracted widespread attention in the market.
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In 2026, the South Korean stock market witnessed a highly dramatic and extreme market trend. The KOSPI index doubled continuously in the first half of the year, driven by the concept of AI storage chips.
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According to a report by The Wall Street Journal on July 22nd, due to the failure of Congress to pass the new fiscal year spending bill, the US federal government will face another partial shutdown starting from July 24th.
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