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Stocks Slip as Dow Falls 0.6%; Houthi Blockade Looms

7/21/2026

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Story summary
  • Stocks fell Monday, with the Dow down 307.16 (0.59%) to 51,839.26, the S&P 500 down 14.41 (0.19%) to 7,443.28 and the Nasdaq down 12.17 (0.05%) to 25,508.07.
  • Trading preceded earnings from Alphabet, Tesla and Intel.
  • LSEG priced S&P 500 earnings growth at 26%, up from 23.7%.
  • The Philadelphia Semiconductor Index closed up 0.6% after a rally, over 20% below its late-June high.
  • Houthis announced a naval blockade on Saudi Arabia, adding risk.