Finance

Energy prices fell significantly, with West Texas Intermediate crude dropping below the $80 threshold. The market reacted directly to the easing of tensions between the U.S. and Iran, combined with upcoming supply strategies from OPEC+.

Amazon shares pushed the e-commerce giant into the $3 trillion market valuation club following exceptionally strong second-quarter earnings. Despite this momentum in cloud computing, broader chipmakers and hardware manufacturers faced downward pressure as artificial intelligence spending anxieties persisted.

The 10-year U.S. Treasury note yield edged down to around 4.67% or 4.69%, pulling back from recent peaks. Investors continue to eye these elevated borrowing costs as a crucial indicator for upcoming corporate debt and macroeconomic growth policies.