The Nasdaq tested lows. But there was strength too.
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Stock Market: Nasdaq Skids As Oil Prices Jump, Google And Tesla Plunge: Weekly Review
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02:01 PM ET 07/24/2026
The stock market retreated this past week as crude oil prices surged yet again and Treasury yields hit 18-month highs. The Nasdaq tumbled to undercut June lows while the S&P 500 regained and then lost its 50-day line. The Dow Jones and small-cap Russell 2000 tested that key level. Google-parent Alphabet (GOOGL) sold off, dragging down other hyperscalers, as it…
The Dow Jones index dropped 500 points Thursday as Alphabet and Tesla stock dived on earnings. Oil prices jumped sharply.
Goldman, GE Aerospace, Taiwan Semi, IBM were notable movers on news.
AI hardware stocks generally rise as Google hikes capital spending plans.
The Dow fell with most stocks Wednesday, but the Nasdaq reversed higher.
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