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Trump vows Iran payback as markets rally on chip news

7/21/2026

50 12 Full Breakdown

Summary

Alphabet Rises

On July 21, 2026, the semiconductor index rose 4.6% as Micron, SanDisk and Western Digital each gained 8%.
On July 20, 2026, the Dow fell to 52,022.54 while the S&P 500 and Nasdaq posted gains.
Alphabet climbed 2.9% after a report said its Google unit is developing a Gemini-integrated server chip.
Brent crude futures rose above $90 a barrel to $90.40 as U.S. crude reached $84.39.

Summary

Trump threatens Iran

President Donald Trump posted on Truth Social that Iran will “pay” after the U.S. completed its 10th night of strikes.
A senior Washington source said Trump seeks a decisive Iran result before the November 3 mid-term elections to avoid lame-duck status.
Tehran’s chief negotiator Mohammed Ghalibaf declared the memorandum of understanding void after renewed U.S. airstrikes.
Ghalibaf called the conflict an “essential and existential war with America.”

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Alphabet Rises

On July 21, 2026, the semiconductor index rose 4.6% as Micron, SanDisk and Western Digital each gained 8%.
On July 20, 2026, the Dow fell to 52,022.54 while the S&P 500 and Nasdaq posted gains.
Alphabet climbed 2.9% after a report said its Google unit is developing a Gemini-integrated server chip.
Brent crude futures rose above $90 a barrel to $90.40 as U.S. crude reached $84.39.

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