Trading Day: $100 oil looms

ORLANDO, Florida, July 22 : The Nasdaq fell on Wednesday, dragged down by software stocks ahead of some major tech earnings reports, while deepening conflict in the Middle East pushed oil prices sharply higher again and Brent crude closer to the $100 a barrel mark. In my column today, I look at the yen's slide to a 40-year low against the dollar. There are many reasons, including the global energy shock and yield differentials, but central to the currency's chronic weakness is Japan's growing policy credibility deficit in the eyes of global investors.If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.1. Google beats quarterly revenue expectations on enterprise AI surge 2. OpenAI AI models went rogue during testing, tr