Markets Brace for 700-Point Dow Drop as Iran Ceasefire Collapses

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Markets Brace for 700-Point Dow Drop as Iran Ceasefire Collapses

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Stock futures plunge on July 8, 2026, as President Trump declares the Iran ceasefire over following U.S. strikes on 80-plus Iranian targets. The Dow is set to lose 700 points with semiconductor stocks under pressure, dropping nearly 14% for the month. Lady Muriel breaks down the geopolitical shock hitting markets, Tom Lee's contrarian buy-the-dip call on chips, and what Fed minutes could reveal this afternoon. Plus, Hamas dissolves Gaza's government in a move Israel calls a Hezbollah-style power play, and oil prices jump on renewed Strait of Hormuz tensions.

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