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Dow Drops as Chip Stocks Crumble, Oil Surges on Iran Tensions—July 8
Dow fell 0.2%, S&P 500 dropped 0.5%, and Nasdaq sank 1.2% on July 7 as chip stocks tumbled and oil prices surged 3% amid geopolitical tension.
Crypto Market Today: Bitcoin Near $62,282, BlackRock IBIT Drives $265M ETF Inflows, XRP Slips Despite MiCA Compliance
The crypto market traded lower on July 8, 2026, as Gulf conflict tensions rattled global risk assets. Bitcoin fell 1.67% to $62,282.16, pulling back from last week’s two-week high near $64,500. Ethereum dropped 1.78% to $1,747.39, while XRP slid 3.42% to $1.08. That XRP decline comes despite Ripple securing full MiCA regulatory compliance just two…
Siemens Energy Falls 10.4% as Barclays Downgrades to Underweight on July 8
Siemens Energy (ENR.DE) drops 10.4% to €152.74 on July 8 after Barclays downgrades to Underweight, warning that free cash flow peaks in 2026 before declining. Bank of America and RBC maintain bullish views on AI-driven power demand.
Vedanta Oil & Gas Surges 6.57%, Aluminium Gains 4% as Select Vedanta Stocks Outperform Weak Market
Vedanta Oil & Gas rallied as much as 6.57% to ₹38.25 on July 8, 2026. That gain came despite sharp selling pressure across India’s broader equity market on Wednesday. Vedanta Aluminium Metal shares climbed 4.57% to ₹465.50 during the same session. US-Iran tensions and a fresh crude oil price spike triggered the wider market decline….
Inox India (NSE: INOXINDIA) Jumps 5.6% to ₹1,908 After Securing ₹939 Crore in New Orders
Inox India shares jumped 5.60% on July 8, 2026, hitting a day high of ₹1,906. The Vadodara-based company received fresh orders worth ₹939 crore from May 21, 2026, onward. Those orders span its Industrial Gas, Cryo-scientific Solutions, and LNG business segments. Inox India last traded 4.66% higher at ₹1,888.90 during Wednesday’s session. The stock has…
OBR Warns UK Debt Could Hit 300% of GDP by 2076 Without Action
OBR warns UK debt could triple to 300% of GDP without fiscal action. Government needs £120bn in tax rises or spending cuts equivalent to entire education budget by 2031-32.
Marksans Pharma (NSE: MARKSANS) Rises Nearly 4% After Acquiring Germany’s ABCnow GmbH
On July 8, 2026, Marksans Pharma (NSE: MARKSANS) climbed nearly 4% after announcing the acquisition of Germany-based ABCnow GmbH. The deal comes only weeks after the company’s expansion into the Netherlands and reflects its continued focus on growing in regulated international markets. Investors are now watching whether these overseas acquisitions will increase revenue, widen the…
PC Jeweller (NSE: PCJEWELLER) Jumps 6.48% After Debt Repayment, Targets Debt-Free Status in Q2 FY27
On July 8, 2026, PC Jeweller (NSE: PCJEWELLER) shares climbed 6.48% after the company confirmed it had repaid outstanding dues to two consortium banks. The announcement added another positive update to its financial recovery plan and kept management on track for its goal of becoming debt-free by Q2 FY27. Investors responded quickly, reflecting renewed confidence…
Solana (SOL) Holds Near $77.97 as First SuperTrend Buy Signal Since 2025 Fuels $90 Price Outlook
On July 8, 2026, Solana (SOL) traded near $77.97 after flashing its first 3-day SuperTrend buy signal since 2025. The signal has put SOL back on traders’ watchlists, with many now looking at the $90 level as the next possible target. Technical indicators have started to improve, but investors are still watching resistance levels and…