Stock Market Today (July 14, 2026): Nasdaq, S&P 500 rise as inflation cools more than expected - TheStreet

• Oil prices reached four-week highs and European shares declined following fresh US-Iran attacks and a blockade on Iranian shipping. • Simultaneously, the US is refunding $81 billion in tariffs after a Supreme Court ruling declared them illegal, with most payments occurring in May and June.

• The Euro rose to approximately 1.1395 against the US Dollar during Tuesday's European trading session. • This upward movement is driven by a correction in the US Dollar as markets anticipate the release of June's Consumer Price Index (CPI) data at 12:30 GMT.

• OnePlus is reportedly preparing to officially shut down its operations in the United States and Europe later this week. • The move follows a period of decline marked by cancelled global product launches and internal mergers within parent company Oppo.

• Global markets are experiencing volatility characterized by a rally in oil prices and a significant selloff in chip stocks. • Investors are shifting their focus toward the upcoming earnings season, which is expected to either restore market confidence or trigger further sharp declines.

• Dow Jones futures fell 0.26% to approximately 52,620 on Tuesday, with S&P 500 and Nasdaq 100 futures also trading lower. • Market caution is driven by escalating US-Iran tensions following fresh precision strikes by US Central Command (CENTCOM) against Iranian military targets.

• Stock futures showed mixed results on Tuesday as investors prepare for key banking earnings reports and Congressional testimony from Federal Reserve Chair Kevin Warsh. • Markets are awaiting the June Consumer Price Index (CPI) report, with economists forecasting a year-over-year inflation rise of 3.8%, down from 4.2% in May, while core inflation is expected to remain at 2.9%.

• Japanese and South Korean equity markets experienced a "deep V-shaped recovery" on July 14, with the Nikkei 225 and KOSPI both closing slightly higher after a period of intense volatility. • The rally was led by major technology firms, including Samsung, SK Hynix, SoftBank, and Kioxia, all of which saw gains of approximately 3%.

• On 12 June 2026, India's Ministry of Finance issued the Foreign Exchange Management (Non-debt Instruments) (Third Amendment) Rules to recalibrate the country's foreign investment regime. • The new regulations specifically target investment frameworks beyond those currently applicable to Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs).

• US stocks and treasuries remained steady as investors avoided major positions ahead of critical economic data and the unofficial start of the earnings season. • Market participants are awaiting upcoming testimony from Fed Chair Kevin Warsh and the release of new US inflation (CPI) data.

• The KOSPI index plummeted 8.95% to fall below the 6,800 level, triggering market circuit breakers due to a "chip shock" and leverage concerns. • Major semiconductor giants Samsung Electronics and SK hynix saw significant price drops, driving the broader market decline.

• European stock markets remained subdued following an escalation of tensions in the Middle East. • The geopolitical flare-up has triggered an uptick in oil prices, contributing to market volatility and investor caution.