US Stocks Slide as Big Tech Earnings Disappoint, Oil Surpasses $100

US stocks ended the week in negative territory, with the Nasdaq leading the decline. The tech-heavy index fell approximately 2% between July 19 and July 25, as investors reacted to underwhelming earnings reports from major technology companies.

The broader S&P 500 declined 0.6% over the same period, while the Dow Jones Industrial Average slipped 0.4%. The downward pressure was most pronounced in the technology sector, with semiconductor shares experiencing sharp fluctuations.

Adding to market concerns, oil prices climbed above $100 per barrel for the first time in weeks, raising fresh worries about inflation and its impact on corporate margins and consumer spending.

The week's performance reflects ongoing uncertainty in equity markets as investors weigh mixed earnings results, geopolitical tensions, and shifting monetary policy expectations.