Traders Weigh Renewed US-Iran Strikes, SK Hynix Earnings | The Asia Trade 7/29/2026

THIS IS THE ASIA TRADE. SHERY: THE TOP STORIES THIS HOUR, OIL PRICES JUMPING AS THE U.S. SAYS IT INTERCEPTED AN IRANIAN ATTACK ON ITS TROOPS, HOURS AFTER PRESIDENT TRUMP HOSTS ISRAEL’S PRIME MINISTER AT THE WHITE HOUSE. CHIPMAKER SK HYNIX MISSES SECOND QUARTER PROFIT FORECASTS, ADDING TO FEARS THAT THE A.I. BOOM PROPELLING THE INDUSTRY MAY BE SLOWING DOWN. A CAUTIOUS OPEN AHEAD FOR ASIA, AN ACCELERATING ROTATION OUT OF U.S. CHIPMAKERS LEAVES THE 100 ON THE BRINK OF A TECHNICAL CORRECTION.HAIDI: TAKE A LO ...