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How the Hormuz Crisis Pushed Oil Up 10% and Sparked a Tech Recovery — Market Wrap Jul 14, 2026
Today's AI insights from 7horns.ai reveal a volatile market backdrop as the Strait of Hormuz crisis sent Brent crude soaring nearly 10% to $83.24 a barrel, driving oil-related ETFs up sharply. Despite Monday's selloff, semiconductor stocks showed early signs of recovery with SanDisk rallying 4.81% and Nvidia gaining 0.5% in pre-market trading. Meanwhile, safe-haven tech giants Apple and Microsoft retreated about 1% each. Asian markets closed mostly higher, led by a 2% surge in China's CSI 300 and a 1% rebound in South Korea's Kospi after initial losses. European markets opened slightly down…
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