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NAB Morning Call · July 27 · 11 min

The chips are down (again)

Tuesday 28th July 2026 NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NAB US tech stocks have taken a hit again for the third straight session, with chipmakers joining software companies in the slide. Other stocks though have been buoyed by the lull in fighting in the Middle East, with three quieter nights as the US ’gives room’ for diplomacy. NAB’s Taylor Nugent joins Phil to talk about how this respite has helped oil lower and driven down bond yields and inflation expectations. It’s a generally quiet day ahead before the week gets busy with central bank decisions and earnings reports. Hosted on Acast. See acast.com/privacy for more information.

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Tuesday 28th July 2026


NAB Markets Research Disclaimer 

Financial Services Guide | Information on our services - NAB


US tech stocks have taken a hit again for the third straight session, with chipmakers joining software companies in the slide. Other stocks though have been buoyed by the lull in fighting in the Middle East, with three quieter nights as the US ’gives room’ for diplomacy. NAB’s Taylor Nugent joins Phil to talk about how this respite has helped oil lower and driven down bond yields and inflation expectations. It’s a generally quiet day ahead before the week gets busy with central bank decisions and earnings reports.

Hosted on Acast. See acast.com/privacy for more information.

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