U.S. markets ended the session mixed on July 25, 2026. The Nasdaq declined due to weakness in chip stocks linked to heavy AI investment worries, while the Dow rose and the S&P 500 stayed nearly flat.
Falling oil prices provided some support to investors during the session. Geopolitical tensions and tariff developments added to cautious sentiment ahead of upcoming major technology earnings reports.
Chip stocks led the decline in the Nasdaq as concerns grew over the scale of spending on artificial intelligence projects. The broader market showed resilience elsewhere, with the Dow posting gains.
Overall trading reflected uncertainty as companies prepare to release quarterly results. Analysts noted that investor focus remains on how tech firms will manage rising costs in the AI sector.
