More Stories

Informist, Tuesday, Jul. 21, 2026                                      Tel +91 (22) 6985-4000

---

Equity Alert: US indices close lower ahead of major tech stock earnings

 

MUMBAI--0659 IST--Major US indices closed lower Monday as investors tracked the developments in the West Asia war and also await earnings from major technology companies such as Alphabet Inc., Testa Inc., and Intel Corp., which are due later this week. US President Donald Trump has vowed Iran would face consequences for the deaths of three American service members, according to Truth Social. This pushed up crude oil prices a bit more.

 

The Trump administration also announced it will charge a 50% tariff on Canadian imports after accusing Canada of unfair trade practices against multiple US products and industries. 

 

The Dow Jones Industrial Average closed marginally lower. The Nasdaq Composite and the S&P 500 both closed slightly lower. Apple Inc. dragged the S&P 500 while Microsoft Corp. boosted the index. Global Payments Inc. rose 5.8?ter Morgan Stanley improved its rating and raised its target price to $100 from $65. Shares of online car retailer Carvana Co. fell 4.8%. Alphabet Inc. shares rose 1.5% after the company reported that its Google unit is developing a Gemini-integrated server chip aimed at improving Artificial Intelligence efficiency and easing computing-capacity constraints.

 

Yemen's Iran-aligned Houthis Monday said they will impose a naval blockade on Saudi Arabia. This will threaten global energy supplies and open a new front in the US-Iran war. Mediators have given Iran a proposal to de-escalate the war with the US, which would provide a 10-day ceasefire, Reuters quoted an Iranian official as saying.  

 

Following were the closing levels of major US indices Monday:

 

Index	Level	Change in %
Dow Jones Industrial Average	51839.26	(-)0.6
NASDAQ Composite	25508.07	(-)0.05
S&P 500	7443.28	(-)0.2

 

(Deesha Jadhav)

 

US$1 = INR 96.45

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Pankaj Aher

 

All prices from National Stock Exchange, unless otherwise specified.

All percentage changes for share prices are rounded off to the nearest whole number; percentage changes for index values are rounded off to one decimal place.

All times are Indian Standard Time.

 

NSE: National Stock Exchange
NYSE: New York Stock Exchange
NYMEX: New York Mercantile Exchange
SEBI: Securities and Exchange Board of India
RBI: Reserve Bank of India

Internet links:
Securities and Exchange Board of India - http://www.sebi.gov.in
Bombay Stock Exchange - http://www.bseindia.com
National Stock Exchange of India - http://www.nseindia.com
Directory of Indian government websites - http://goidirectory.nic.in
Indian Ministry of Finance - http://www.finmin.nic.in
Reserve Bank of India - http://rbi.org.in
Controller General of Accounts, Government of India - http://www.cga.nic.in
Government's Press Information Bureau - http://www.pib.nic.in

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.