- Global Market Sentiment: Global equities suffered a sharp, broad-based sell-off on Thursday, July 23, 2026. Market pressure was driven by a dual shock: a surge in international crude oil prices past $100/barrel triggered by escalating Middle East hostilities and heavy earnings-related selling in mega-cap technology and electric vehicle stocks (e.g., Alphabet and Tesla).
- Bond Yields & Commodities: Global bond yields climbed, with the benchmark U.S. 10-Year Treasury yield hitting a new 52-week high of 4.703% on renewed rate-hike and inflation fears. Precious metals fell sharply as rising yields and dollar strength weighed on non-yielding safe havens.
- Cryptocurrency: Crypto markets faced downward momentum, burdened by broader risk aversion, rising bond yields, and political hurdles regarding federal market oversight legislation.
- Middle East Escalation: Tensions surged following continuous cross-border missile and drone strikes between the U.S. and Iran. Houthi forces attacked oil tankers in the Red Sea, while three tankers were intercepted near the Strait of Hormuz, igniting acute maritime supply concerns.
- North America / Politics: The U.S. House of Representatives passed a $95 billion emergency budget framework prioritizing defense and war funding. U.S. weekly jobless claims fell to 187,000, reflecting persistent labor market tightness.
- Europe: Wildfires forced mass evacuations across southern coastal tourist hubs in France. Markets across the eurozone were further pressured by energy import concerns as Brent crude spiked.
- Asia-Pacific: Regional markets closed mixed to lower as global trade disruption risks and high energy input costs impacted manufacturing-heavy exporters in East Asia.
Key Asset Classes & Regional Market Breakdown (July 23, 2026)
Global Commodities, Fixed Income, & Crypto Market
- Global Crude Oil:
- Brent Crude: Settled up 7.0% at $100.69 / barrel (Intraday High: $102.00)
- WTI Crude: Settled at $96.85 / barrel
- Global Precious Metals:
- Gold (Spot): Closed at $4,060.59 / oz (Down 1.96% / -$80.76)
- Silver (Spot): Closed at $58.38 / oz (Down 3.31% / -$1.98)
- Global Bonds:
- U.S. 10-Year Treasury Yield: Yield closed at 4.703% (Up 4.6 bps)
- German 10-Year Bund Yield: Yield settled around 2.68%
- UK 10-Year Gilt Yield: Yield settled around 4.38%
- Global Crypto Market:
- Bitcoin (BTC/USD): $65,013.56 (Down 1.62% intraday)
- Ethereum (ETH/USD): $3,420.10 (Down 2.10%)
North America
- United States:
- Dow Jones Industrial Average (DJIA): Closed at 51,711.65 (Down 506.93 pts / -1.00%)
- S&P 500: Closed at 7,408.30 (Down 90.66 pts / -1.21%)
- NASDAQ Composite: Closed at 25,137.69 (Down 553.21 pts / -2.15%)
- Russell 2000: Closed at 2,940.16 (Down 19.78 pts / -0.67%)
- NYSE Composite: Closed at 20,845.10 (Down 182.30 pts / -0.87%)
- Canada:
- S&P/TSX Composite: Closed at 25,410.25 (Down 145.10 pts / -0.57%)
- Mexico:
- S&P/BMV IPC: Closed at 56,220.40 (Down 380.15 pts / -0.67%)
Europe & Eurasia
- Germany — DAX: Closed at 24,180.50 (Down 210.30 pts / -0.86%)
- United Kingdom — FTSE 100: Closed at 8,840.15 (Down 38.60 pts / -0.43%)
- France — CAC 40: Closed at 8,010.20 (Down 82.40 pts / -1.02%)
- Europe-Wide — EURO STOXX 50: Closed at 5,310.80 (Down 52.10 pts / -0.97%)
- Netherlands — AEX Index: Closed at 945.30 (Down 11.20 pts / -1.17%)
- Spain — IBEX 35: Closed at 11,820.60 (Down 95.80 pts / -0.80%)
- Italy — FTSE MIB: Closed at 38,450.10 (Down 320.50 pts / -0.83%)
- Switzerland — SMI (Swiss Market Index): Closed at 12,480.90 (Down 68.20 pts / -0.54%)
- Belgium — BEL 20: Closed at 4,210.40 (Down 28.30 pts / -0.67%)
- Austria — ATX: Closed at 3,920.15 (Down 31.40 pts / -0.79%)
- Sweden — OMXS30: Closed at 2,710.80 (Down 22.10 pts / -0.81%)
- Denmark — OMXC25: Closed at 1,985.40 (Down 18.20 pts / -0.91%)
- Poland — WIG20: Closed at 2,540.30 (Down 26.50 pts / -1.03%)
- Russia — MOEX Russia Index: Closed at 3,215.60 (Up 12.40 pts / +0.39%)
Asia-Pacific
- Japan — Nikkei 225: Closed at 42,850.30 (Down 410.20 pts / -0.95%)
- China — Shanghai Composite: Closed at 3,520.10 (Down 14.80 pts / -0.42%)
- China — SZSE Component: Closed at 11,180.40 (Down 65.30 pts / -0.58%)
- China — FTSE China A50: Closed at 13,850.20 (Down 48.60 pts / -0.35%)
- Hong Kong — Hang Seng Index: Closed at 20,110.50 (Down 240.80 pts / -1.18%)
- Taiwan — Taiwan Weighted Index (TAIEX): Closed at 24,120.60 (Down 290.40 pts / -1.19%)
- South Korea — KOSPI: Closed at 2,840.15 (Down 22.30 pts / -0.78%)
- India — NIFTY 50: Closed at 25,120.40 (Down 115.20 pts / -0.46%)
- India — S&P BSE Sensex: Closed at 82,350.80 (Down 380.60 pts / -0.46%)
- Australia — S&P/ASX 200: Closed at 8,310.40 (Down 35.10 pts / -0.42%)
- Australia — All Ordinaries: Closed at 8,560.90 (Down 36.80 pts / -0.43%)
- New Zealand — NZX 50: Closed at 12,890.30 (Down 42.10 pts / -0.33%)
- Thailand — SET Index: Closed at 1,410.20 (Down 8.50 pts / -0.60%)
- Indonesia — JKSE (Jakarta Composite): Closed at 7,680.50 (Down 32.40 pts / -0.42%)
- Malaysia — FTSE Bursa Malaysia KLCI: Closed at 1,635.80 (Down 6.20 pts / -0.38%)
Middle East & Latin America
- Saudi Arabia — Tadawul All Share Index (TASI): Closed at 12,180.40 (Up 45.20 pts / +0.37%)
- Israel — TA-35: Closed at 2,080.30 (Down 15.40 pts / -0.73%)
- Turkey — BIST 100: Closed at 10,420.10 (Down 110.50 pts / -1.05%)
- Brazil — Bovespa / Ibovespa: Closed at 129,850.40 (Down 890.20 pts / -0.68%)
- Argentina — S&P Merval: Closed at 1,580,210.00 (Up 12,450.00 pts / +0.79%)
- Chile — S&P IPSA: Closed at 6,510.30 (Down 35.20 pts / -0.54%)
