Technology stocks are leading a worldwide market rebound on Wednesday, July 15, 2026, as the massive artificial-intelligence boom regains its footing following several weeks of volatility. The global tech surge began overnight in Asia, heavily boosted by Dutch chipmaking giant ASML, which reported second-quarter revenue growth that easily beat forecasts.

Market Rebound

By mid-morning on Wednesday, the S&P 500 rose 0.4%, on track for its fourth gain in the last five days. The Dow Jones Industrial Average jumped 189 points, or 0.4%, while the tech-heavy Nasdaq composite led the pack with a 0.6% gain. Strong quarterly earnings also buoyed the market, with financial giant BlackRock seeing its shares jump 7.3% after reporting earnings that beat expectations.

A newly released economic report revealed that wholesale inflation in the U.S. slowed to 5.5% last month, down from 6% in May—a much better reading than the acceleration economists had predicted. Combined with Tuesday’s lower-than-expected consumer inflation data, the numbers have significantly eased pressure on the Federal Reserve. Following the inflation reports, traders now see just a 9% chance that the Fed will raise its benchmark interest rate at its upcoming meeting, down dramatically from a 42% probability estimated earlier in the week.

Global Tensions

However, a cap on the market’s gains remains as energy prices continue to climb. Brent crude, the international oil benchmark, rose another 0.5% to $85.19 a barrel amid ongoing, back-and-forth military strikes between the U.S. and Iran in the Middle East. Tensions escalated further on Wednesday morning after Iran’s Revolutionary Guard threatened to completely halt all energy exports from the region in response to a U.S. military blockade preventing Iranian tankers from passing through the strategic Strait of Hormuz.

Original reporting: WOWO News/Talk (Fort Wayne) — read the source article.