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Brent Rebounds, US Stocks Rise, SK Hynix IPO Soars $26.5B

7/13/2026

48 4 Full Breakdown

Summary

Story summary

Brent crude fell 0.9% to $75.58 then rose 3.9% to $78.96 after an interim agreement reopened the Strait of Hormuz.
The S&P 500 gained 0.3% while the Dow and Nasdaq each rose about 0.2%, marking a fourth winning week in five.
SK Hynix raised $26.5 billion, shares jumping 13% in New York, though analysts warned AI valuations may be high.

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Story summary

Brent crude fell 0.9% to $75.58 then rose 3.9% to $78.96 after an interim agreement reopened the Strait of Hormuz.
The S&P 500 gained 0.3% while the Dow and Nasdaq each rose about 0.2%, marking a fourth winning week in five.
SK Hynix raised $26.5 billion, shares jumping 13% in New York, though analysts warned AI valuations may be high.