local
Wall Street mixed early with chip stocks giving up early week gains
By Elaine Kurtenbach, Associated Press at KSAT 12 (ABC affiliate)
· July 7, 2026
· 3 min read
U.S. markets were mixed early Tuesday as technology stocks gave back a chunk of their gains from a day earlier.Futures for the S&P 500 lost 0.2% while futures for the Dow Jones Industrial Average ticked up 0.3%. Nasdaq futures fell 1%.Semiconductor and memory-related tech stocks, which lifted mar...
Key takeaway 2% while futures for the Dow Jones Industrial Average ticked up 0.
Why this matters in The San Antonio
San Antonio 's own thriving tech industry, with its growing presence of data centers and semiconductor manufacturing, is closely tied to the fluctuations in the global AI market. The recent slump in Asian shares, particularly in South Korean tech giants like Samsung Electronics and SK Hynix, may have implications for local businesses and investors. As SK Hynix prepares to raise $28 billion in a US stock offering, San Antonio's own business community will be watching closely to see how this move affects the global AI landscape and potentially, local economic development. The city's efforts to attract and retain tech companies, including those involved in AI and data centers, may be influenced by the market's response to SK Hynix's offering and the overall performance of AI stocks. Local investors and business leaders will be paying close attention to these developments, as they consider the potential risks and opportunities for San Antonio's own tech sector.
About this story
Original reporting by KSAT 12 (ABC affiliate) . The San Antonio surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 7, 2026 ·
Source: KSAT 12 (ABC affiliate) ·
Reading time: 3 min
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Frequently asked about this story
What is this story about? U.S. markets were mixed early Tuesday as technology stocks gave back a chunk of their gains from a day earlier.Futures for the S&P 500 lost 0.2% while futures for the Dow Jones Industrial Average ticked up 0.3%. Nasdaq futures fell 1%.Semiconductor and memory-related tech stocks, which lifted mar...
When was this published? This article was first published on July 7, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.
Who reported this story? This story was reported by Elaine Kurtenbach, Associated Press at KSAT 12 (ABC affiliate). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The San Antonio, or browse our daily briefing and topic hubs .
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