Argus

•

Jul 07, 2026

Sector(s)

Industrials

Summary

The major indices are lower at midday on Tuesday. Tech stocks are giving back gains from yesterday as fears over the cost of the massive AI buildout have combined with news that China's DeepSeek is developing its own AI chip - sparking selling in the stocks of semiconductor companies. Meanwhile, crude oil is up almost 3% after a tanker was attac

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