Japan Financial Markets

A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Tuesday, July 28, 2026, in Tokyo.

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Most of Wall Street rises as oil prices continue to ease, even as chip stocks keep dropping

Most of Wall Street rises as oil prices continue to ease, even as chip stocks keep dropping

Most U.S. stocks are rising after Coca-Cola and other companies reported stronger profits for the spring than analysts expected. But more drops for chip stocks and other AI winners are weighing on Wall Street Tuesday, and the S&P 500 was virtually unchanged. The Dow Jones Industrial Average added 385 points, and the Nasdaq composite fell 0.6%. The slides for AI stocks were even worse earlier in the day in Asia, where South Korea's tumbled almost 11%. Oil prices continued to ease, meanwhile, which helped to pull Treasury yields lower in the bond market. Brent crude oil fell below $84 per barrel.