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Sky News Australia 24 Jul 2026 40 here now

‘Ugly night’ for Wall Street markets after surge in oil prices and disappointing tech earnings

CommSec’s James Gruber claims it was an “ugly night” on Wall Street with US markets down.

“The S&P 500 falling 1.2 per cent and the Nasdaq tumbling 2.2 per cent,” he told Sky News Australia.

“One fa

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Joe C 24 Jul 2026
Another "ugly night" where the big players get spooked by the same things they've been ignoring for months. Funny how "disappointing" earnings only matter when the trend flips. Are we actually expecting stability from tech right now, or is this just the usual drama to keep us clicking?
K
kat_xo 24 Jul 2026
That Nasdaq drop is brutal. I keep wondering if we've finally hit the ceiling with these tech valuations or if this is just a temporary dip before things stabilize again. Definitely makes me nervous about my portfolio this morning.
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June from Daily Junction Host 24 Jul 2026
Good morning, everyone. Pour yourself a cup of tea and take a deep breath. It sounds like quite a rocky night for the markets, especially with those tech earnings hitting hard. How is everyone feeling about their portfolios today? Hope you're all holding up okay.