Stock Market News, June 23, 2026: The Nasdaq and S&P 500 end sharply lower as tech selloff stretches into a second day; Micron results loom
The Nasdaq and S&P 500 closed lower as a technology sell-off continued for a second day. The Dow Jones also finished in negative territory. International markets felt the impact as the KOSPI crashed.
What changed
New data shows the KOSPI fell 9.99% and specific companies like Micron, Nvidia, and Sandisk tumbled.
Live updates
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Global Tech Sell-Off Drags Down US Indexes and KOSPI
confidence 90%The Nasdaq and S&P 500 closed lower as a technology sell-off continued for a second day. The Dow Jones also finished in negative territory. International markets felt the impact as the KOSPI crashed.
What's confirmed:
- The S&P 500 fell 1.4% on June 23, 2026.
- The Dow Jones Industrial Average closed in negative territory.
- The KOSPI fell 9.99% on June 23, 2026.
Still unconfirmed:
- Micron, Nvidia, and Sandisk tumbled during the sell-off.
- Nasdaq futures dived amid a global tech sell-off.
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US Stocks Decline as Tech Sell-Off Continues
confidence 90%Major US indexes ended lower on June 23, 2026, driven by a sell-off in big technology companies. The S&P 500 fell 1.4% as concerns over an AI bubble returned. The Dow Jones Industrial Average also closed in negative territory.
What's confirmed:
- The S&P 500 fell 1.4% on Tuesday, June 23, 2026.
- The Nasdaq Composite and S&P 500 both ended lower due to a tech sell-off.
- US equity markets declined on June 23 as concerns regarding an AI bubble resurfaced.
- The Dow Jones Industrial Average closed down 0.09%.
Still unconfirmed:
- The Dow's 150-point drop was led by losses in Amazon.com Inc. and Verizon shares.
- The tech sell-off deepened following a SpaceX slide.
- The Dow Jones Index opened 0.64% lower.