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Updated 1d ago
· 23 sources tracked
Stock market today: S&P 500, Nasdaq slide as Big tech, SpaceX hammered
The S&P 500 and Nasdaq experienced declines driven by losses in big tech and SpaceX. The Dow Jones index showed contrasting movement by rising in some sessions. Investors are currently monitoring US-Iran peace talks and upcoming Federal Reserve decisions.
What changed
Recent market activity shows a divergence between the rising Dow and sliding tech-heavy indexes.
Live updates
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S&P 500 and Nasdaq Slide as Big Tech and SpaceX Decline
confidence 80%The S&P 500 and Nasdaq experienced declines driven by losses in big tech and SpaceX. The Dow Jones index showed contrasting movement by rising in some sessions. Investors are currently monitoring US-Iran peace talks and upcoming Federal Reserve decisions.
What's confirmed:
- The S&P 500 and Nasdaq fell as SpaceX and big tech stocks declined.
- The Dow Jones index rose ahead of a Federal Reserve decision.
- Investors are tracking progress in US-Iran peace talks.
Still unconfirmed:
- The Dow tested 52,000.
- Nvidia, Broadcom, and Micron Technology led a drop in the Nasdaq on June 16.
- Korean memory chipmaker losses fueled doubts regarding the AI trade.