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The Nexus
BUSINESSJul 8 · 05:52 UTCTHE RIO TIMESDiego Fernández

Global Economy Briefing — July 8, 2026

Wall Street declined due to a chip sell-off triggered by Samsung and DeepSeek, while oil prices rose following attacks on the Strait of Hormuz. The Federal Reserve's hike odds increased, and the real currency remained stable.

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SamsungorganizationDeepSeekorganizationStrait of HormuzplaceFederal Reserveorganization
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