Archive | July 9, 2026

MIB Daily: AI’s Boom Is Now the Fed’s Inflation Fear — S&P +0.81%, Hike Odds to 59%, Iran Priced as Contained, Semis Up as Premium Names Sold Ahead of July 14 CPI

Markets shrugged off a second day of US-Iran strikes as the S&P 500 gained 0.81% and Nasdaq 100 surged 1.62% on an AI-chip rally ahead of SK Hynix’s record $29B Nasdaq debut. NY Fed’s Williams named AI demand his top inflation fear, sending 2026 hike odds to 59% from 48%. Costco (COST) tumbled 4.2% on decelerating comps while oil fell 2.3% despite fresh strikes. State AGs moved to block the $110B Paramount-WBD merger while a 30-year auction drew record demand.

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