Tech Stocks Had a Rare Quiet Day. That Doesn't Mean the Turbulence Is Over.

The Nasdaq — a stock index heavy on tech companies — rose 0.52% to 25,652.55 on July 20, 2026, its calmest day after five days of sharp swings driven by chip-stock rallies and selloffs. It sits 2.1% below its July 9 peak of 26,206. Neither AI-investor enthusiasm nor Iran-related oil risk has faded. The quiet may mean traders are simply out of steam, not that worries have cleared.