S&P 500 Climbs to 7,575.39 in Quiet Session Ahead of Earnings

U.S. equities closed July 10 with the S&P 500 up 0.42% to 7,575.39 after a week of rotation and volatility. The index recovered from a sharp semiconductor selloff triggered by Samsung’s July 7 results, which sent the Nasdaq 100 down more than 2%, then rebounded on SK Hynix ADR strength and renewed AI demand. Earlier in the period the Dow set successive records above 53,000 following a weak June jobs report that revived Fed-easing hopes, while broad rotation into value and financials supported the advance despite geopolitical tensions and rising oil prices.