Topic
dow jones
US stock market flat as S&P 500 and Dow barely move, Nasdaq slides over 1% on chip rout
Wall Street traded mixed on Tuesday with the S&P 500 flat and Dow Jones gaining 385 points, while the Nasdaq Composite slipped over 1% dragged by a selloff in semiconductor stocks. Micron fell 8.4%, AMD 7.7%, and Nvidia 1.1% on renewed concerns over AI-driven demand sustainability and rising Chinese competition. Broader market sentiment was supported by strong earnings from Coca-Cola, Sherwin-Williams, and Illinois Tool Works.
US Stocks Mixed as Micron Surges on AI Outlook, Apple Slides After Price Hikes
US stocks traded mixed on Thursday as a rally in AI-linked chipmakers, led by Micron Technology, offset losses in Apple after it announced price increases. The Dow rose 228 points, while the Nasdaq fell 1.2%. Micron surged 9.7% on strong earnings and forecast, easing AI valuation concerns. Apple dropped 4.8% after 15-20% Mac price hikes, attributed to rising memory costs. Markets also found support from easing Treasury yields after in-line inflation data.
US stock market mixed: Dow up 0.3%, Nasdaq down 0.8% as AI stocks slide, per TOI report
The TOI Business Desk reported a mixed session on Wall Street: the Dow Jones Industrial Average rose 0.3% while the Nasdaq Composite fell 0.8%, attributed to a decline in AI stocks. The source article did not provide additional market details or context.
US Stocks Slide as IT Sell-Off Deepens; Nasdaq Falls Over 1.4%, Dow Jones Loses 197 Points
US stocks fell sharply on Tuesday, with the Nasdaq Composite dropping over 1.4% and the Dow Jones Industrial Average losing 197 points, as a broad sell-off in technology shares deepened. Concerns over heavy AI spending and rising interest rate expectations weighed on equities, with traders pricing in nearly a 90% chance of a rate hike by year-end. Global markets also declined, led by a 10% plunge in South Korea's Kospi.
US stocks: Dow hits record high as oil prices ease, SpaceX rally continues
US stocks traded near records on June 16, 2026, with the Dow Jones hitting an intraday all-time high as falling oil prices and a US-Iran peace deal boosted sentiment. SpaceX continued its post-IPO rally, becoming the fifth-most valuable US company, and announced a $60 billion acquisition of software firm Anysphere. Financial and chip stocks gained, while markets await the Federal Reserve's rate decision.