LIVE BLOG23 Jul 2026 | 05:43:08 PM ISTDow Jones Today Live Updates: Markets pressured by AI spending concerns and oil-driven inflation fearsSynopsisDow Jones Today | S&P 500 | US Stock Market Live: U.S. stock futures slipped as Alphabet and Tesla earnings reignited concerns over heavy AI spending, while a sharp rise in oil prices due to Middle East tensions stoked inflation fears and boosted rate hike expectations.Dow Jones Today | Nasdaq | S&P 500 Live Updates: Wall Street futures edged lower after early Big Tech earnings failed to ease concerns around rising AI-related capital expenditure. Alphabet’s strong cloud growth was overshadowed by higher spending plans, while Tesla reported negative free cash flow. Meanwhile, a surge in Brent crude linked to escalating Red Sea tensions revived inflation worries and pushed Treasury yields higher, increasing bets on a near-term Federal Reserve rate hike. Show more Show less1 New UpdateDow Jones| Nasdaq | S&P 500 | US Stock Market Today | Live: Rate hike bets and yields move higherThe rise in oil prices pushed Treasury yields higher, with the two-year yield hitting a 17-month high. Traders increased expectations of a Federal Reserve rate hike, with probabilities rising sharply for both July and September meetings. Investors now await jobless claims data for further insight into economic strength and policy direction.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today | Live: Oil surge amplifies inflation fearsBrent crude prices climbed to near $98 per barrel, driven by escalating tensions in the Red Sea region involving Iran-backed groups. The renewed geopolitical risk has shifted focus from the Strait of Hormuz to new supply threats, raising concerns about persistent inflation and adding pressure on global financial markets.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today | Live: AI investment cycle under scrutinyMarket participants are increasingly questioning whether aggressive AI spending by major technology firms is justified by earnings growth. Analysts note that while some companies are beginning to monetize AI, others remain in early investment phases. Upcoming results from other megacap firms are expected to further test confidence in elevated valuations.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today | Live: Alphabet and Tesla fail to reassure marketsAlphabet delivered strong cloud growth, but investor focus shifted to increased capital spending, sending its shares lower in premarket trade. Tesla declined sharply after posting negative free cash flow for the first time in over two years. The contrasting results highlighted uncertainty around how quickly AI and innovation investments can translate into sustainable returns.Dow Jones| Nasdaq | S&P 500 | US Stock Market Today | Live: Wall Street futures decline amid tech concernsU.S. stock index futures moved lower as investors reacted to the first wave of Big Tech earnings. Despite solid operational performance, concerns over rising capital expenditure tied to artificial intelligence weighed on sentiment. Futures linked to the Dow Jones, S&P 500 and Nasdaq all slipped around 0.3%, indicating cautious positioning ahead of further earnings and macro signals.