Weekly Financial Summary

By apltang ·

Week of July 5 to July 12 2026

Weekly Market Notes · July 5–12, 2026 Weekly Market Intelligence Issue Date · July 12, 2026 | Compiled by Albert Tang | For Informational Use Only ℹ️ NOT FOR FINANCIAL ADVICE — FOR INFORMATIONAL AND ENTERTAINMENT USE ONLY Market Snapshot (Week Close) Index / Asset Price Weekly Change S&P 500 7,575.39 ▲ 1.2% WK DOW 52,637.01 ▼ 0.5% WK NASDAQ 26,281.61 ▲ 1.7% WK Brent Crude ~$76.01 ▲ ~4% WK · IRAN STRIKES 10-Yr Yield ~4.56% ▲ ELEVATED (FED HAWKISH) Bitcoin ~$64,000 ▲ ~2.8% WK Weekly Overview · July 5–12, 2026 Markets clawed out a winning week despite a dangerous escalation in the Middle East, as a late-week rebound in AI and semiconductor shares pulled the S&P 500 and Nasdaq higher even as fresh US strikes on Iran shattered the fragile ceasefire and sent oil spiking. The headline event of the week was SK Hynix's blockbuster $26.5 billion Nasdaq debut — the largest US listing ever by a foreign company — a direct bet on the durability of the AI memory boom. Beneath the tech-led gains, cross-currents multiplied: Brent crude posted a roughly 4% weekly gain on war-supply fears, the Federal Reserve's June minutes confirmed a decisively hawkish tilt under new Chair Kevin Warsh with rate hikes now on the table, and President Trump's new wave of tariff letters pushed a fresh August 1 deadline onto dozens of trading partners. The Dow lagged, slipping on the week as investors rotated toward AI winners. Estimated reading time: 7–8 minutes Headline 01 of 05 · US Strikes Iran Again — Ceasefire Declared "Over," Oil Spikes Geopolitics · Energy Markets · US-Iran Conflict · Strait of Hormuz The fragile US-Iran ceasefire collapsed during the week of July 5–12 as US forces launched two consecutive nights of strikes against Iran, sending oil prices sharply higher before they partially retraced. The US reportedly hit roughly 90 targets inside Iran in retaliation for Iranian attacks on tankers transiting the Strait of Hormuz. Tehran responded by firing missiles and drones at US assets in…