{"id":18487,"date":"2026-07-16T10:27:00","date_gmt":"2026-07-16T02:27:00","guid":{"rendered":"https:\/\/linkpgm.com\/july-16-market-recap\/"},"modified":"2026-07-17T10:28:35","modified_gmt":"2026-07-17T02:28:35","slug":"july-16-market-recap","status":"publish","type":"post","link":"https:\/\/linkpgm.com\/en\/july-16-market-recap\/","title":{"rendered":"July 16 Market Recap"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">On Wednesday, following the CPI data, the PPI figures also came in below expectations, further dampening market expectations for a Fed rate hike this year. The U.S. Dollar Index briefly returned to the 101 level during the session but subsequently gave up all of its intraday gains and turned lower, ultimately closing down 0.41% at 100.51;The benchmark 10-year U.S. Treasury yield closed at 4.555%, while the 2-year U.S. Treasury yield, which is sensitive to the Fed\u2019s policy rate, closed at 4.143%. <br\/>Spot gold fell early in the session before rebounding, briefly surging to $4,080 during the session, and ultimately closed up 0.18% at $4,059.95 per ounce;Spot silver continued to slide during the U.S. trading session; although it rebounded slightly toward the close, it ultimately closed down 1.61% at $57.75 per ounce. <br\/>International oil prices continued to fluctuate as the market remained focused on the situation in the Strait of Hormuz.WTI crude oil continued to trade near the $80 mark, ultimately closing up 0.71% at $79.72 per barrel; Brent crude oil closed up 0.14% at $84.67 per barrel. <br\/>The Dow Jones Industrial Average closed up 0.29%,the S&amp;P 500 rose 0.38%, and the Nasdaq rose 0.62%. Apple (AAPL.O) rose 4%, ASML (ASML.O) rose 2%, SK Hynix (SKHY.O) fell 9%, SanDisk (SNDK.O) fell 8%,Intel (INTC.O) fell 4.4%. The Nasdaq Golden Dragon China Index closed up 2.9%, with Alibaba (BABA.N) rising 4.7% and Baidu (BIDU.O) rising 1.5%.<\/p>\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Wednesday, following the CPI data, the PPI figures also came in below expectations, further dampening market expectations for a Fed rate hike this year. The U.S. Dollar Index briefly returned to the 101 level during the session but subsequently gave up all of its intraday gains and turned lower, ultimately closing down 0.41% at [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":18482,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[416],"tags":[],"class_list":["post-18487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-news"],"_links":{"self":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts\/18487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/comments?post=18487"}],"version-history":[{"count":1,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts\/18487\/revisions"}],"predecessor-version":[{"id":18488,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts\/18487\/revisions\/18488"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/media\/18482"}],"wp:attachment":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/media?parent=18487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/categories?post=18487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/tags?post=18487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}