2026.6.18 US Market Overview
The reopening of the Strait of Hormuz boosts the market, with the NASDAQ closing up nearly 2%; the semiconductor index skyrockets 6.4% in a single day, with companies like Intel, Micron Technology, and TSMC hitting new highs;
1. VIXY drops 3.52%, settling at 21.9.
2. The S&P 500 rises by 1.1%, the NASDAQ 100 increases by 2.5%, and the Dow Jones sees a slight uptick of 0.14%. This week is a shortened trading week as the US market will be closed on Friday for the June holiday.
3. M7 sees a broad rise, with Nvidia and Amazon up over 2%, Google-A, Tesla, and Meta climbing more than 1%, while Apple and Microsoft fluctuate to close in the green.
4. The NASDAQ China Golden Dragon Index falls by 0.88%, closing at 6068.15, with a total decline of 4.09% this week.
5. The Philadelphia Semiconductor Index jumps 6.42%, with memory chip stocks surging collectively. Sandisk soars over 11%, Intel rises more than 10%, Micron Technology up over 8%, TSMC and Qualcomm increase over 6%, NXP rises more than 5%, ARM, Broadcom, Western Digital, Applied Materials, and AMD are all up over 4%, while ASML climbs more than 3%, and Nvidia rises 2.95%.
6. Gold prices drop by 0.9% to $4216.58 per ounce, while Bitcoin falls 1.9%, dipping below $63000.
The reopening of the Strait of Hormuz boosts the market, with the NASDAQ closing up nearly 2%; the semiconductor index skyrockets 6.4% in a single day, with companies like Intel, Micron Technology, and TSMC hitting new highs;
1. VIXY drops 3.52%, settling at 21.9.
2. The S&P 500 rises by 1.1%, the NASDAQ 100 increases by 2.5%, and the Dow Jones sees a slight uptick of 0.14%. This week is a shortened trading week as the US market will be closed on Friday for the June holiday.
3. M7 sees a broad rise, with Nvidia and Amazon up over 2%, Google-A, Tesla, and Meta climbing more than 1%, while Apple and Microsoft fluctuate to close in the green.
4. The NASDAQ China Golden Dragon Index falls by 0.88%, closing at 6068.15, with a total decline of 4.09% this week.
5. The Philadelphia Semiconductor Index jumps 6.42%, with memory chip stocks surging collectively. Sandisk soars over 11%, Intel rises more than 10%, Micron Technology up over 8%, TSMC and Qualcomm increase over 6%, NXP rises more than 5%, ARM, Broadcom, Western Digital, Applied Materials, and AMD are all up over 4%, while ASML climbs more than 3%, and Nvidia rises 2.95%.
6. Gold prices drop by 0.9% to $4216.58 per ounce, while Bitcoin falls 1.9%, dipping below $63000.