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As oil exits the ‘danger zone,’ here’s what history suggests happens next for stocks

MarketWatch Monday 06 July 2026, 10:37 UTC By Jamie Chisholm 1 min read

Key Points

The swift pullback in oil prices is a tailwind for the economy, says Evercore ISI

The swift pullback in oil prices is a tailwind for the economy, says Evercore ISI [Image text:] 110 110 604727792

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Hedge funds dumped chip stocks for a fourth week as AI shares sold off LONDON, July 6 : U.S. hedge funds sold tech hardware stocks for a fourth week in a row, according to a client note from Goldman Sachs on Friday, in line with a recent decline in global chip shares and just before many of these companies will report earnings. Tech shares and especially semiconductors have propelled the broader equity market higher this year. But tech stocks have been swinging dramatically on a combination...

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As oil exits the ‘danger zone,’ here’s what history suggests happens next for stocks

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