Market Digest: BKNG, LEN, SYK, HONA

Argus

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Jul 09, 2026

Summary

Wednesday looked similar a repetition of Tuesday, arsenic different leap successful crude lipid (WTI) and Treasury yields knocked the banal marketplace little until noon. Buying chiefly successful Information Technology stocks, namely the beaten-up semiconductors, really led to a 1.2% summation successful the XLK (IT), a 2% comeback for the SMH (semis), and insignificant gains successful the Nasdaq and Nasdaq 100. Energy (XLE) stocks led with a 1.8% summation connected the backmost of WTI's popular of much than 6%, finishing adjacent $75/barrel. WTI was arsenic debased arsenic $67 connected July 2. But different than Energy and IT, the different 9 sectors each