Fed officials mishandled sensitive information: Watchdog report

• Asian stock markets declined following a significant selloff of chipmakers on Wall Street, driven by investor concerns over high tech valuations. • Market volatility is increasing as investors question the long-term sustainability of massive investments in artificial intelligence.

• China has initiated deleveraging measures following a period of significant volatility in South Korea's Kospi market. • Analyst Jin Qianjing of Shenwan Hongyuan Group warns that South Korean stocks may act as a sentiment amplifier for global technology stocks due to high leverage levels.

• Mark Mahaney, senior managing director at Evercore ISI, analyzed Alphabet and Meta shares on 'Varney & Co.' following reports of researcher departures and talent acquisitions. • Stephen Guilfoyle, President of Sarge986 LLC, appeared on 'Making Money' to discuss Micron's earnings outlook and his specific strategy for holding the stock.

• The Federal Reserve's internal watchdog issued a warning on Thursday regarding the central bank's vulnerability to insider threats. • The report highlights that sensitive economic information is being actively targeted by foreign adversaries seeking an advantage.

• TechStock² reports on the financial performance of Arch Capital, noting that its insurance segment contributes approximately 25% of total revenue due to strict underwriting and pricing movements. • The company's return on equity stands at 6.6%, which is slightly below the industry average of 7.4% but indicates a positive upward trend.

• Indian benchmark indexes opened higher on July 16, 2026, with the Sensex surging 260 points and the Nifty rising 80 points. • The gains follow a positive trend from Wall Street, as investors prioritize strong corporate earnings over escalating geopolitical tensions between Iran and the US.

• The KOSPI plummeted over 6% to close at 6,820.60 on the 16th, driven by a sharp decline in global semiconductor stocks and domestic monetary policy shifts. • Major tech-related shares saw significant losses, with SK Square preferred shares dropping 12.30%, Samsung Electronics falling 10.42%, and Jusung Engineering sliding 10.31%.

• Asian equities experienced a severe sell-off, highlighted by South Korea's KOSPI index plummeting as much as 7% intraday and triggering circuit breaker concerns. • Memory-related stocks were the hardest hit, though ChipMOS surged nearly 8% as investors sought a safe haven amidst the volatility.

• The KOSPI plunged 6.37% to close at 6,820.60 on the 16th, dropping 463.81 points in a single day. • The crash was driven by sharp declines in semiconductor giants Samsung Electronics and SK hynix, triggering record-frequency sidecars and circuit breakers this year.

• U.S. equities rose following softer producer inflation and strong corporate earnings, while Asian markets saw a sharp reversal in semiconductor stocks. • Memory-chip manufacturers and equipment suppliers underperformed despite AI demand, though Hong Kong gained from a rotation into Chinese technology.

• The KOSPI index plummeted over 5% early on July 16, eventually closing down 6.4% following a period of extreme volatility. • The sharp decline was triggered by a significant sell-off in U.S. semiconductor stocks on July 15, which sparked a "sell sidecar" mechanism in the Korean market.