--- title: "Dow Jumps Triple Digits as Oil Prices Cool" type: "News" locale: "en" url: "https://longbridge.com/en/news/293779838.md" description: "The Dow Jones surged 338 points as oil prices cooled, though broader market gains were capped by semiconductor weakness. Intel and Sandisk faced sector pressure despite mixed earnings news. Meanwhile, Digital Reality Trust surged on strong results and an upgrade, while Akamai saw unusual put options activity. All major indexes remain on track for weekly losses." datetime: "2026-07-24T16:24:39.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293779838.md) - [en](https://longbridge.com/en/news/293779838.md) - [zh-HK](https://longbridge.com/zh-HK/news/293779838.md) --- # Dow Jumps Triple Digits as Oil Prices Cool The Dow Jones Industrial Average (DJI) is up 338 points midday, while the S&P 500 Index (SPX) and Nasdaq Composite Index (IXIC) sit quietly higher as weakness in **chip stocks** caps broader market gains. All three major indexes are still headed for weekly losses, however. Oil prices are finally taking a breather, with West Texas Intermediate (WTI) and Brent crude both down 4%, after Reuters reported that Pakistan is working to revive stalled U.S.-Iran talks following the 13th night of **U.S. military action** against Iran. _Continue reading for more on today's market, including:_ - SLB stock enjoying a **post-earnings boost**. - **Intel stock** shakes off best revenue report in 15 years. - Plus, AKAM bears rally; DLR surges; SNDK pulled into chip selloff. **Akamai Technologies Inc (NASDAQ:AKAM)** is seeing an unusual amount of options activity. Puts are outpacing calls, with 8,276 puts across the tape, volume that's 11 times the average daily amount. The July 140 put being the most popular option, is expiring after the close today. Positions are opening at the weekly July 31 117-strike put. **Digital Reality Trust (NYSE:DLR)** is among top performers on the New York Stock Exchange (NYSE) today, surging 13.7% to $204.10, at last glance. The move follows the equity's strong second-quarter earnings, raised full-year guidance, and an upgrade from "hold" to "buy" at TD Cowen. DLR now sports a 32% year-to-date gain Chip behemoth **Sandisk Corp (NASDAQ:SNDK)** fell victim to the sector-wide profit-taking, down 8.5% to trade at 1,471.50. The 80-day moving average, however, stepped up and is keeping those losses in check. Still, the equity sports a 524% year-to-date lead. ### Related Stocks - [AKAM.US](https://longbridge.com/en/quote/AKAM.US.md) - [DLR.US](https://longbridge.com/en/quote/DLR.US.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [INTW.US](https://longbridge.com/en/quote/INTW.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [USOI.US](https://longbridge.com/en/quote/USOI.US.md) - [DIA.US](https://longbridge.com/en/quote/DIA.US.md) - [LINT.US](https://longbridge.com/en/quote/LINT.US.md) - [INYY.US](https://longbridge.com/en/quote/INYY.US.md) - [DDM.US](https://longbridge.com/en/quote/DDM.US.md) - [UDOW.US](https://longbridge.com/en/quote/UDOW.US.md) - [DOG.US](https://longbridge.com/en/quote/DOG.US.md) - [SDOW.US](https://longbridge.com/en/quote/SDOW.US.md) - [DXD.US](https://longbridge.com/en/quote/DXD.US.md) - [SNDG.US](https://longbridge.com/en/quote/SNDG.US.md) - [SNDQ.US](https://longbridge.com/en/quote/SNDQ.US.md) - [SNDU.US](https://longbridge.com/en/quote/SNDU.US.md) - [SNXX.US](https://longbridge.com/en/quote/SNXX.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [PXJ.US](https://longbridge.com/en/quote/PXJ.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [ERX.US](https://longbridge.com/en/quote/ERX.US.md) - [ERY.US](https://longbridge.com/en/quote/ERY.US.md) - [DUG.US](https://longbridge.com/en/quote/DUG.US.md) - [MLPA.US](https://longbridge.com/en/quote/MLPA.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [SLB.US](https://longbridge.com/en/quote/SLB.US.md) ## Related News & Research - [Oil rises after attacks in Black Sea](https://longbridge.com/en/news/294429490.md) - [TECHNICALS-US oil may test resistance at $83.84](https://longbridge.com/en/news/294140609.md) - [Oil tumbles as Trump cancels attack on Iran to reach nuclear deal](https://longbridge.com/en/news/294614703.md) - [Oil prices rebound by more than $2 a barrel on prospect of tightening US crude supplies](https://longbridge.com/en/news/294128765.md) - [Oil falls more than $1 on greater flows despite US-Iran war](https://longbridge.com/en/news/294445934.md)