The Quincy News Morning Brief | Friday, July 10, 2026
By Juliegrace Brufke | Quincy News Correspondent
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Washington (Quincy News) — Market Recap: Stocks bounced back Thursday, with the S&P 500 rising 0.81% and the Nasdaq gaining 1.3%, led by a rebound in chip stocks. The Dow added 139 points. Yields eased slightly despite the ongoing disruption to Strait of Hormuz shipping, with crude roughly flat on the day but still up 5-6% on the week following renewed U.S.-Iran fighting. Treasury yields also have room to ease further after Thursday’s 30-year auction priced at 5.058%, the highest since 2007, though demand held up better than feared.
Today’s Focus: Delta Air Lines kicked off earnings season on a strong note, beating second-quarter expectations and reaffirming its full-year guidance of $6.50–$7.50 in adjusted EPS and $3–$4 billion in free cash flow. The company also announced a 15% increase to its dividend beginning in the third quarter. SK Hynix begins trading on Nasdaq today under ticker SKHYV after raising $26.5 billion at $149 per share, the largest-ever U.S. listing by a foreign company, topping Alibaba’s 2014 record.
With a light economic calendar, attention turns to next week’s CPI report for clues on Fed policy.
ON THE SCHEDULE
No major U.S. economic data today
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