Stock Market Update

14-Jul-26 12:05 ET
Major averages mixed at midday
Dow -100.24 at 52398.40, Nasdaq +169.59 at 26063.77, S&P +14.65 at 7529.99

[BRIEFING.COM] The S&P 500 (+0.2%), Nasdaq Composite (+0.7%), and DJIA (-0.2%) are off their session highs at midday.

Though not a component of the S&P 500, Tower Semi (TSEM 264.33, +34.65, +15.09%) is soaring higher after announcing a parallel dual-track strategic expansion in Japan that will increase its 300mm Silicon Photonics, Silicon Germanium, and advanced packaging capabilities with support from the Government of Japan. The news is significant because it directly addresses long-term customer demand in some of the highest-growth areas of specialty foundry, including AI connectivity, high-speed optical communications, RF, data-center infrastructure, and advanced packaging.

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