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A record high, a war scare, and a chip rally that won the week anyway. Here's your recap of the week ending July 10. The week opened with the Dow above 53,000 on AI optimism — then Wednesday brought a gut check, as President Trump declared the Iran ceasefire "over," oil spiked, and the Dow tumbled. But by Friday, chips pulled the market back: the Nasdaq finished +1.74% and the S&P +1.23% on the week, while the Dow lagged at -0.50%. The star was memory chips. SK Hynix made the largest-ever U.S. listing by a foreign company ($26.5B, +12.8% day one). Micron pledged $250B+ for U.S. manufacturing, and Apple committed $30B to Broadcom — a wall of money flowing into the U.S. AI buildout. Meta jumped ~15% on its in-house AI chip and a new cloud business, and Alibaba rose ~15% on earnings and legal wins. This week: June CPI/PPI and the start of earnings season with the big banks. Save this for later, and follow for a plain-English market update every morning. #stockmarket #investing #earnings #marketupdate #bellclub