2026.6.8 US Stock Market Quick Overview
Chip stocks are propping up the market rebound, with storage and optical communication concepts also gaining strength, Micron up nearly 10%.
1. VIXY closed down 1.65%, at 23.91.
2. The three major US indices had mixed results. The S&P 500 index closed up 21.99 points, a rise of 0.30%, at 7405.73 points. The Dow Jones Industrial Average closed down 80.77 points, a decline of 0.16%, at 50786.01 points. The Nasdaq closed up 220.231 points, a rise of 0.86%, at 25929.663 points.
3. Tesla closed up 4.59%, NVIDIA up 1.73%, Amazon down 0.33%, Microsoft down 1.18%, Meta down 1.28%, Google A down 1.36%, and Apple down 1.56%.
4. The Nasdaq Golden Dragon China Index closed down 0.62%, at 6323.38 points. Among popular Chinese stocks, Meituan-W dropped 3%, Pinduoduo and Baidu at least down 2%, New Oriental, JD, and Alibaba at least down 0.8%, while Li Auto gained 2.4%.
5. The Philadelphia Semiconductor Index closed up 685.933 points, a rise of 5.61%, at 12906.693 points. TSMC ADR up 2.77%, AMD up 5.14%.
6. Storage concept stocks collectively rebounded, with Micron Technology up 9.87%, market cap back above $1 trillion. SanDisk up 5.3%, Rambus up 4.62%, Seagate Technology up 3.46%, Western Digital up 2.97%.
Chip stocks are propping up the market rebound, with storage and optical communication concepts also gaining strength, Micron up nearly 10%.
1. VIXY closed down 1.65%, at 23.91.
2. The three major US indices had mixed results. The S&P 500 index closed up 21.99 points, a rise of 0.30%, at 7405.73 points. The Dow Jones Industrial Average closed down 80.77 points, a decline of 0.16%, at 50786.01 points. The Nasdaq closed up 220.231 points, a rise of 0.86%, at 25929.663 points.
3. Tesla closed up 4.59%, NVIDIA up 1.73%, Amazon down 0.33%, Microsoft down 1.18%, Meta down 1.28%, Google A down 1.36%, and Apple down 1.56%.
4. The Nasdaq Golden Dragon China Index closed down 0.62%, at 6323.38 points. Among popular Chinese stocks, Meituan-W dropped 3%, Pinduoduo and Baidu at least down 2%, New Oriental, JD, and Alibaba at least down 0.8%, while Li Auto gained 2.4%.
5. The Philadelphia Semiconductor Index closed up 685.933 points, a rise of 5.61%, at 12906.693 points. TSMC ADR up 2.77%, AMD up 5.14%.
6. Storage concept stocks collectively rebounded, with Micron Technology up 9.87%, market cap back above $1 trillion. SanDisk up 5.3%, Rambus up 4.62%, Seagate Technology up 3.46%, Western Digital up 2.97%.