Finance

South Korean memory chip giant SK Hynix saw its American depositary shares surge 13.1% during its initial trading day on the Nasdaq on July 10, 2026. The listing, which raised approximately $26.5 billion, highlights continued investor confidence in artificial intelligence infrastructure. The company's debut is expected to bolster the semiconductor sector, which has recently seen massive year-to-date gains from players like Micron and Intel.

The 10-year US Treasury yield settled at 4.56% on July 10, 2026, as investors weighed cooling energy prices against the risk of a broken ceasefire in the Middle East. While yields spiked earlier in the week following hawkish signals from the NATO summit, they slightly retraced as Washington reaffirmed its commitment to a diplomatic solution. Markets remain sensitive to the potential for further Federal Reserve rate hikes under the leadership of new Chair Kevin Warsh.

As of July 11, 2026, Bitcoin is trading around $64,270, showing resilience above the $60,000 mark despite a 42% drawdown from its 2025 highs. Crypto markets are currently navigating a complex environment of sticky interest rates and strong competition for liquidity from AI-related equities. Investors are closely watching for upcoming US policy developments, including potential House debates on digital asset regulatory frameworks.