2026.6.16 US Market Snapshot
Tech stocks facing increased sell pressure, oil prices deeply retracing, US Treasury yields dropping, the Dow hitting new highs; SpaceX skyrocketed 49% post-IPO;
1. VIXY closed up 0.55% at 21.82.
2. The major US indices showed mixed results. The S&P 500 dropped 42.94 points, down 0.57%, closing at 7511.35 points. The Dow Jones Industrial Average rose 328.64 points, up 0.64%, closing at 51999.67 points, continuing to set a new closing historical high, with a cumulative increase of 4.17% over the last four trading days. The Nasdaq fell 307.597 points, down 1.15%, closing at 26376.344 points.
3. Nvidia fell 2.37%, Tesla dropped 1.58%, Microsoft down 1.48%, Amazon barely moved down 0.01%, Apple climbed 0.95%, Google-A up 1.06%, Meta increased 1.13%.
4. The Nasdaq Golden Dragon China Index fell 2.50%, closing at 6192.86 points. Among popular Chinese stocks, ASE Technology dropped 4.5%, Pony.ai and XPeng fell over 4%, while Tencent, Meituan, NIO, Baidu, and NetEase dropped over 3%.
5. The Philadelphia Semiconductor Index fell 805.399 points, down 5.71%. TSMC ADRs fell 3.51%, AMD down 7.30%, Intel dropped over 8%. SanDisk and Micron fell over 5%.
6. Gold prices saw a slight uptick. Bitcoin prices retreated below $66,000.
Tech stocks facing increased sell pressure, oil prices deeply retracing, US Treasury yields dropping, the Dow hitting new highs; SpaceX skyrocketed 49% post-IPO;
1. VIXY closed up 0.55% at 21.82.
2. The major US indices showed mixed results. The S&P 500 dropped 42.94 points, down 0.57%, closing at 7511.35 points. The Dow Jones Industrial Average rose 328.64 points, up 0.64%, closing at 51999.67 points, continuing to set a new closing historical high, with a cumulative increase of 4.17% over the last four trading days. The Nasdaq fell 307.597 points, down 1.15%, closing at 26376.344 points.
3. Nvidia fell 2.37%, Tesla dropped 1.58%, Microsoft down 1.48%, Amazon barely moved down 0.01%, Apple climbed 0.95%, Google-A up 1.06%, Meta increased 1.13%.
4. The Nasdaq Golden Dragon China Index fell 2.50%, closing at 6192.86 points. Among popular Chinese stocks, ASE Technology dropped 4.5%, Pony.ai and XPeng fell over 4%, while Tencent, Meituan, NIO, Baidu, and NetEase dropped over 3%.
5. The Philadelphia Semiconductor Index fell 805.399 points, down 5.71%. TSMC ADRs fell 3.51%, AMD down 7.30%, Intel dropped over 8%. SanDisk and Micron fell over 5%.
6. Gold prices saw a slight uptick. Bitcoin prices retreated below $66,000.