Markets News, July 7, 2026: Major Indexes Close Lower, Chip Stocks Drop; Oil Prices Jump as US Revokes Iran’s License to Sell Oil Following Attacks
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Major indexes have closed lower, with chip stocks experiencing a decline. Oil prices have jumped due to the US revoking Iran's license to sell oil, which follows reported attacks. The move has apparently had an impact on the markets and oil prices.