2026.6.25 US Stock Quick Overview In May, the PCE year-over-year rate broke above 4%, with the three major stock indexes mixed; Micron delivered an eye-catching earnings report, driving the semiconductor index up more than 3%; the Mag7 all fell, with Apple down more than 6%.
1、VIXY closed down 1.88%, to 22.48. 2、The three major US stock indexes were mixed. The S&P 500 index closed down 0.73 points, a decline of 0.01%, at 7,357.49. The Dow Jones closed up 71.72 points, or 0.14%, at 51,920.62. The Nasdaq closed down 118.033 points, or 0.46%, marking four consecutive down sessions (cumulative decline of 4.37%), at 25,358.603. 3、Apple plunged 6.12%, Microsoft fell 3.46%, Amazon dropped 3.10%, Meta declined 2.65%, Nvidia fell 1.64%, Google A fell 0.46%, and Tesla fell 0.11%. 4、The Nasdaq Golden Dragon China Index closed down 2.70%, at 5,690.24. Among popular China concept stocks, Trip.com fell 12.5%, Kingsoft Cloud dropped 5.6%, Alibaba fell 4.8%, and PDD fell 3.2%. 5、Micron Technology’s performance and outlook significantly exceeded market expectations, surging more than 15%, lifting chip stocks broadly, with SanDisk jumping nearly 22%. 6、Gold rose 0.8% for the day, reclaiming the $4,000 psychological integer level. Bitcoin (the “big coin”) fell 2.4% to $59,445, breaking below the key $60,000 psychological integer level; Ethereum (the “second coin”) fell 3.1% to $1,562.
2026.6.24 US Market Overview Tech stocks under pressure, with mixed performance across the three major indices; WTI crude dips below $70/barrel.
1. VIXY closed down 0.3%, at 22.91. 2. S&P 500 index fell by 7.24 points, down 0.10%, closing at 7358.22. The Dow Jones Industrial Average rose by 182.06 points, up 0.35%, at 51848.90. Nasdaq dropped by 110.403 points, down 0.43%, closing at 25476.636. 3. Amazon up 0.11%, Google-A down 0.25%, Apple down 0.38%, Nvidia down 0.56%, Meta down 0.78%, Tesla down 1.61%, Microsoft down 2.27%. 4. Nasdaq Golden Dragon China Index fell 1.77%, closing at 5847.87. Among popular Chinese stocks, NIO, Meituan, Alibaba down at least around 3%, Baidu down 2.3%, Pinduoduo down 1%, Tencent up 2.4%, ASE Technology up 3.5%. 5. Gold plummeted 2.6%, breaching $4000 for the first time since November 2025. Bitcoin once nosedived over 5.3%, trading below the $60,000 mark at one point. 6. Micron Technology jumped about 15% in after-hours trading, as the company reported earnings exceeding analyst expectations.
2026.6.23 Quick Look at US Stocks The closing of leveraged funds in the Korean market and the repricing of overvalued AI sectors triggered a global market crash led by tech stocks and semiconductors, with the Nasdaq dropping over 2% and the chip index plummeting nearly 8%.
1. VIXY closed up 5.17%, at 22.98. 2. The S&P 500 index closed down 107.33 points, a drop of 1.44%, at 7365.46 points. The Dow Jones Industrial Average closed down 45.87 points, a decrease of 0.09%, at 51666.84 points. The Nasdaq closed down 579.563 points, a decline of 2.22%, at 25587.039 points. 3. Microsoft rose 1.80%, Amazon up 0.57%, Meta down 0.29%, Apple down 0.91%, Google-A down 1.03%, Nvidia down 4.15%, and Tesla down 5.79%. 4. The Nasdaq Golden Dragon China Index closed down 0.55%, at 5953.29 points. Among popular Chinese stocks, Pony.ai dropped 7%, WeRide down 4.9%, Daqo New Energy down 4.2%, Xpeng down 3.8%, Atour up 3.1%, Pinduoduo and Alibaba each down about 2%. 5. The Philadelphia Semiconductor Index closed down 7.87%, marking the worst single-day performance since June 5. TSMC dropped 6.64%, AMD down 5.76%. Micron and SanDisk fell over 13%. 6. Silver plummeted over 5% in a single day; gold dropped about 1.9%, barely holding the $4100 mark. Bitcoin fell 3% to about $62400, while Ethereum dropped nearly 4%.
2026.6.22 US Stock Market Overview Tech giants took a significant hit, overshadowing the optimism brought by progress in the US-Iran talks, putting overall pressure on the US markets on Monday. The semiconductor index rose by 2%, while the bank index and small-cap stocks hit record closing highs.
1. VIXY closed down 0.23%, at 21.85. 2. The S&P 500 index fell by 27.79 points, a drop of 0.37%, closing at 7472.79 points. The Dow Jones Industrial Average rose by 148.01 points, an increase of 0.29%, closing at 51712.71 points. The Nasdaq fell by 351.33 points, down 1.33%, at 26166.602 points. 3. In the Mag7, only Tesla saw a rise of 1.14%, while others fell. Apple dropped 0.34%, Nvidia down 0.97%, Meta down 2.32%, Microsoft down 3.18%, Amazon down 4.75%, and Google-A down 4.99%. 4. The Nasdaq Golden Dragon China Index fell by 1.35%, closing at 5986.28 points. Among popular Chinese stocks, Pony.ai fell by 5.5%, Xiaomi down 4.1%, BYD down 3.5%, Alibaba down 2.1%, Pinduoduo down 1.8%, Zai Lab up 1.6%, and Trip.com up 3%. 5. Storage chip stocks continued their strong momentum, with a cumulative gain of 175% since the low on March 31. Micron Technology rose nearly 7%, and SanDisk up over 4%. 6. Both BTC and gold recorded gains. BTC briefly broke the $65,500 mark, strengthening by 0.7% during the day. Spot gold closed up 0.9%, at $4,192.94.
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.
2026.6.17 US Market Overview Wash's debut spooked the markets, with all three major US indexes closing in the red; gold and cryptocurrencies generally took a hit, while crude oil ended up flat after some intense volatility.
1. VIXY rose by 4.03%, closing at 22.7. 2. The S&P 500 index dropped by 91.25 points, down 1.21%, finishing at 7420.10 points. The Dow Jones Industrial Average fell by 507.12 points, down 0.98%, closing at 51492.55 points. The Nasdaq dropped by 354.688 points, down 1.35%, settling at 26021.656 points. 3. Meta fell 5.44%, Microsoft dropped 3.79%, Amazon declined 3.46%, Google A went down 2.53%, Tesla dipped 2.05%, Nvidia fell 1.33%, and Apple dropped 1.10%. 4. The Nasdaq Golden Dragon China Index fell 1.14%, closing at 6122.30 points. Among popular Chinese stocks, Li Auto dropped 3.4%, Alibaba fell 3.1%, NIO rose 0.2%, and ASE Technology gained 2%. 5. The Philadelphia Semiconductor Index rose by 182.848 points, up 1.38%. TSMC ADR increased by 1.48%, AMD rose 1.02%, Broadcom and Marvell Technology both jumped 4%, and Intel surged over 3%. 6. Gold faced downward pressure, with spot gold prices dropping about 1.9% to $4247.93; Bitcoin experienced significant fluctuations during the day, closing down about 2.3% around $64301.
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.
2026.6.15 US Stock Market Snapshot US and Iran reach a temporary deal, Nasdaq surges 3%, Dow Jones hits a record high. WTI crude futures plunge over 4%, closing at $81.49, marking a three-month low.
1. VIXY drops 6.83%, settling at 21.7. 2. S&P 500 index rises by 122.83 points, up 1.65%, closing at 51671.03 points, bouncing back 3.95% over the last three trading days. Dow Jones Industrial Average climbs 468.77 points, up 0.92%, closing at 51671.03 points, surpassing the previous closing record set on June 4 at 51561.93 points. Nasdaq closes up 795.097 points, a 3.07% increase, at 26683.941 points. 3. Tesla gains 1.16%, Apple up 1.82%, Microsoft rises 2.31%, Google A up 2.69%, Amazon increases by 3.16%, Nvidia jumps 3.54%, and Meta soars 4.77%. 4. Nasdaq Golden Dragon China Index rises 0.39%, closing at 6351.43 points. Among popular Chinese stocks, Kingsoft Cloud gains 5.8%, CenturyLink rises 5.1%, GDS Holdings up 2.6%, Pinduoduo increases 2.4%, Trip.com up 1.9%, ASE Technology up 1.2%, New Oriental up 0.7%, and Baidu up 0.6%. 5. Philadelphia Semiconductor Index rises 5.45%, closing at 14099.623 points, breaking the previous closing record set on June 3 at 13916.960 points. TSMC ADR rises 3.99%, AMD up 6.98%. Western Digital skyrockets over 16%, Micron Technology up over 10%, Seagate rises 9.43%, and SanDisk increases by 6.45%. 6. Gold rebounds above $4300, with a daily gain of 2.4%. Bitcoin's price rises nearly 5%, achieving the strongest single-day performance since early March, breaking $66,000 for the first time in two weeks.
2026.6.12 US Stock Market Overview Hope for a US-Iran peace agreement reignites, all three major indices close in the green; SpaceX's debut surges 19%, market cap surpasses $2 trillion, making it the sixth largest company in the U.S.;
1. VIXY drops 4.59%, closing at 23.29. 2. S&P 500 index rises 37.16 points, up 0.50%, closing at 7431.46. Dow Jones Industrial Average rises 353.51 points, up 0.70%, closing at 51202.26. Nasdaq rises 79.184 points, up 0.31%, closing at 25888.844. 3. Apple down 1.52%, Amazon down 1.23%, Meta down 0.26%, Microsoft up 0.10%, Nvidia up 0.16%, Google A up 0.53%, Tesla up 1.82%. 4. Storage chip stocks mixed. SanDisk, Western Digital, Seagate, Intel all up over 5%. TSMC up 0.65%, with a weekly gain of 2.32%. AMD up 4.73%, with a weekly gain of 9.69%. 5. Nasdaq Golden Dragon China Index rises 0.48%, closing at 6326.73, with a weekly decline of 0.56%. Among popular Chinese stocks, First Solar up 5.8%, ASE Technology up 4%, Li Auto up 3.9%, New Oriental up 3.5%, Meituan-W down over 1%.
2026.6.11 US Market Overview TACO is back, crude oil takes a hit, and both US stocks, cryptocurrencies, and gold experience a strong intraday rebound.
1. VIXY closes down 4.95%, at 24.41. 2. The three major US indices close up. The S&P 500 index rises by 127.31 points, a 1.75% increase, closing at 7394.30 points. The Dow Jones Industrial Average rises by 929.97 points, a 1.86% increase, closing at 50848.75 points. The Nasdaq rises by 640.158 points, a 2.54% increase, closing at 25809.66 points. 3. Tesla up 4.60%, Nvidia up 2.22%, Amazon up 1.47%, Apple up 1.39%, Google A up 0.39%, Meta down 0.45%, Microsoft down 1.77%. 4. The Nasdaq Golden Dragon China Index rises by 0.25%, closing at 6296.64 points. Among popular Chinese stocks, ASE Technology rises by 7.2%, NetEase up 0.2%, Alibaba down 1.5%. 5. The Philadelphia Semiconductor Index rises by 7.91%, the largest single-day gain since April 2025, closing at 13171.439 points. TSMC ADR up 3.26%, AMD surges by 7.97%, Micron Technology and Marvell Technology up over 11%. 6. Gold prices rebound from nearly $4000 to close to $4200. Bitcoin shows a slight rebound, with prices skyrocketing from $61,000 to over $63,500.
2026.6.10 US Market Overview The situation in the Middle East has escalated suddenly, causing the dollar index to collectively drop; spot gold plummeted 4.4% to $4075.40 per ounce, marking the lowest closing price since November 2025.
1. VIXY surged 5.81%, closing at 25.68. 2. The three major US indices all took a hit. The S&P 500 dropped 119.66 points, down 1.62%, closing at 7266.99 points. The Dow Jones Industrial Average fell 953.33 points, down 1.87%, ending at 49918.78 points. The Nasdaq dropped 509.321 points, down 1.98%, closing at 25169.501 points. 3. Apple slightly rose 0.35%, Microsoft fell 1.50%, Google-A dipped 2.16%, Meta dropped 2.33%, Amazon slipped 2.53%, Nvidia fell 3.73%, and Tesla dropped 3.8%. 4. The Nasdaq Golden Dragon China Index fell 0.28%, closing at 6280.80 points. Among popular Chinese stocks, XPeng Group dropped 3.5%, Alibaba fell 3.3%, Baidu declined 2.8%, ASE Technology dipped 2.4%, Tencent rose 2.6%, and NetEase increased 4.1%. 5. TSMC ADR fell 4.44%, AMD dropped 4.86%, and Micron Technology slipped nearly 5%.
2026.6.9 US Market Overview The US-Iran deal is back with some tough talk, and the market's small V-shaped rebound is losing steam. Bitcoin dipped below $61,000 at one point, closing down 2.3% at around $62,000.
1. VIXY closed up 1.51%, at 24.27. 2. The S&P 500 index fell by 19.08 points, down 0.26%, closing at 7386.65 points. The Dow Jones Industrial Average rose by 86.10 points, up 0.17%, closing at 50872.11 points. The Nasdaq fell by 250.841 points, down 0.97%, closing at 25678.822 points. 3. Google-A rose 0.26%, Meta fell 0.14%, Nvidia dropped 0.22%, Amazon was down 0.42%, Microsoft fell 2.02%, Tesla dropped 3%, and Apple was down 3.64%. 4. The Nasdaq Golden Dragon China Index fell 0.39%, closing at 6298.64 points. Among popular Chinese stocks, NIO and Li Auto fell 2.7%, while ASE Technology dipped 1.4%, and Meituan, NetEase, Baidu, and Tencent rose over 1%. 5. Chip storage stocks are lacking momentum, with TSMC ADR up 0.26%, AMD down 3.02%. Micron, Seagate, and WDC saw small drops of 1-3%.
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%.
2026.6.5 US Stock Market Brief Strong non-farm payrolls trigger rate hike fears, AI hype cools down, and Nasdaq plunges over 4%; semiconductor index drops over 10%; gold erases its gains for the year; Bitcoin briefly falls below the $60,000 mark.
1. VIXY closes up 7.23%, reporting 24.31. 2. US stocks take a hit across the board. The S&P 500 index closes down 200.57 points, a drop of 2.64%, at 7383.74 points, with a cumulative weekly decline of 2.59%. The Dow Jones Industrial Average closes down 695.15 points, a drop of 1.35%, at 50866.78 points, with a cumulative weekly drop of 0.32%. The Nasdaq closes down 1121.526 points, a drop of 4.18%, at 25709.432 points, with a cumulative weekly drop of 4.68%. 3. M7 stocks are all in the red, with Tesla down 6.56%, Nvidia down 6.2%, META down 5.51%, Amazon down 3.06%, Microsoft down 2.66%, Apple down 1.25%, and Google-A down 0.98%. 4. The Philadelphia Semiconductor Index closes down 1396.735 points, a drop of 10.26%, with a cumulative weekly drop of 4.74%. Micron falls over 13%, TSMC ADR down 6.66%, and AMD down 10.86%. 5. The Nasdaq Golden Dragon China Index closes down 3.56%, at 6362.57 points, with a cumulative weekly drop of 3.40%. Among popular Chinese stocks, JinkoSolar drops 11.7%, Baidu down 9.7%, Pony.ai down 9.2%, and Huazhu rises 0.6%. 6. The cryptocurrency market is also hit hard. Bitcoin drops 4.4% to $60,757, marking the first time since October 2024 it falls below $60,000; Ethereum sees a cumulative drop of over 20% this week, with Solana experiencing similar losses.
2026.6.4 US Market Snapshot Chip stocks getting dumped, AI trading cooling off, Nasdaq dips slightly while Dow skyrockets nearly 900 points to a historic high.
1. VIXY closed down 3.61% at 22.67. 2. S&P 500 closed up 30.63 points, a gain of 0.41%, finishing at 7584.31 points. The Dow Jones Industrial Average surged 874.86 points, up 1.73%, closing at 51561.93 points, hitting a new closing all-time high after just one trading day. Nasdaq dropped 23.018 points, down 0.09%, ending at 26830.958 points. 3. Google A up nearly 4%, Nvidia up 1.94%, Amazon up 1.51%, Meta up 0.74%, while in the M7, only Tesla fell 1.24%. 4. Nasdaq Golden Dragon China Index closed down 0.60% at 6597.34 points. Among popular Chinese stocks, WeRide fell 8.92%, Pony.ai dropped 7.81%, CenturyLink down 6%, ASE Technology down 3.78%, Li Auto down 2.8%, Kingsoft Cloud down 1.65%, Alibaba and Meituan ADRs down 0.99%. 5. Bitcoin continued its downward trend, dipping to a low of $61,000 during the session, close to the early February low of this year, before slightly recovering. 6. Spot gold prices briefly regained above $4,500, ultimately closing up about 1% at $4,478.
2026.6.3 US Market Recap Middle East tensions escalate again; S&P and Nasdaq's nine-day rally comes to an end; Bitcoin dips below $65,000.
1. VIXY closed up 0.26%, settling at 23.52. 2. The three major US indices closed down. The S&P 500 dropped 56.10 points, a 0.74% decline, finishing at 7553.68 points. The Dow Jones Industrial Average fell 620.72 points, down 1.21%, closing at 50687.07 points. The Nasdaq lost 239.925 points, a 0.89% drop, ending at 26853.976 points. 3. Meta surged 4.24%, Tesla fell 0.01%, Google A declined 0.79%, Apple dropped 1.57%, Amazon fell 2.53%, Microsoft decreased 3.17%, and Nvidia dropped 3.62%. 4. The Nasdaq Golden Dragon China Index fell 2.47%, closing at 6637.29 points. Among popular Chinese stocks, Qifu Technology dropped 8.2%, Kingsoft Cloud fell 6.9%, Daqo New Energy declined 5.3%, Aiko Solar lost 5%, GDS Holdings dropped 4.5%, and Alibaba fell 2.5%. 5. TSMC ADR fell 2.14%, AMD rose 4.02%. Western Digital gained 5.6%, and SanDisk increased by 6.5%. NVTS closed up 19%, betting on the 800V AI power revolution.
2026.6.2 Market Overview US stocks have rallied for the ninth consecutive trading day, setting new all-time highs, with the S&P breaking 7600 points. Bitcoin took a heavy hit, plummeting over 6% to drop below $67,000.
1. VIXY closed down 1.64% at 23.46. 2. The S&P 500 index rose by 9.82 points, up 0.13%, closing at 7609.78 points, marking its fifth consecutive day of record closing highs and the first time above the 7600 mark. The Dow Jones Industrial Average increased by 228.91 points, up 0.45%, closing at 51307.79 points, also achieving a record closing high for five days straight. The Nasdaq rose by 7.093 points, up 0.03%, closing at 27093.901 points, barely maintaining its record closing high. 3. Apple gained 2.90%, Tesla increased by 1.89%, Meta dropped 0.47%, Nvidia fell 0.69%, Amazon decreased by 1.81%, Google A fell 3.86%, and Microsoft dropped 4.17%. 4. The Nasdaq Golden Dragon China Index rose by 1.8%. Among popular Chinese stocks, Tencent gained 9.3%, Meituan-W was up 6.4%, Li Auto rose 6.1%, Alibaba increased by 4.3%, BYD was up 4.2%, Baidu rose 3.4%, NetEase increased by 1.3%, and Pinduoduo gained 1%. 5. Nvidia CEO Jensen Huang stated that Marvell Technology is set to become the next "trillion-dollar company," with Marvell's stock price soaring over 32% on the day.
2026.6.1 US Market Overview Cloud service providers are leading the charge, with all three major US indices hitting record closing highs, and the Nasdaq crossing 27,000 points.
1. VIXY closed up 2.4%, at 23.85. 2. The three major US stock indices saw slight gains, all reaching new closing highs. The S&P 500 index rose by 19.90 points, up 0.26%, closing at 7599.96 points, marking three consecutive trading days of record closings. The Dow Jones Industrial Average increased by 46.42 points, up 0.09%, closing at 51078.88 points, yet again hitting a closing record high. The Nasdaq rose by 114.188 points, up 0.42%, closing at 27086.808 points, achieving record closing highs for three days straight. 3. Nvidia surged 6.26%, Microsoft gained 2.28%, Google-A fell 1.04%, Apple dropped 1.84%, Amazon declined 3.47%, Tesla fell 4.57%, and Meta dropped 5.07%. 4. The Nasdaq Golden Dragon China Index increased by 1.47%, closing at 6683.46 points. Among popular Chinese stocks, Shengda Technology rose by 25%, Kingsoft Cloud gained 8.6%, Pony.ai was up 7.3%, NIO increased by 6.8%, Pinduoduo rose by 3.6%, Alibaba gained 1%, while Li Auto fell by 3.1%. 5. The Philadelphia Semiconductor Index rose by 1.06%, breaking the previous closing record of 12876.910 points set on May 26. TSMC ADR rose by 4.21%, AMD fell by 1.16%. Micron surged over 6%, with stock prices exceeding $1000. 6. Bitcoin dropped over 3% to $71000, losing the 100-day moving average, hitting its lowest level since April 8. Ethereum slightly dipped 0.2% to around $2000.
2026.5.29 US Stock Market Quick Overview The semiconductor sector surged by 39% in April, followed by another 22% increase in May. The S&P 500 index has achieved a nine-week winning streak, marking the longest weekly win record since December 2023.
1. VIXY closed down 1.73%, at 23.29. 2. The three major US indexes saw slight gains. The S&P 500 index rose by 0.22%, closing at 7580.06 points, with a total weekly gain of 1.80%. The Dow Jones Industrial Average climbed 0.72%, ending at 51032.46 points, adding up to a weekly gain of 1.49%. The Nasdaq increased by 0.20%, finishing at 26972.62 points, with a weekly gain of 2.58%. 3. Microsoft surged 5.45%, while Amazon fell 1.23%, Tesla declined 1.43%, Nvidia dropped 1.45%, and Google A decreased by 2.51%. In May, Google A had a cumulative increase of 21.60%, Amazon rose by 17.25%, Apple gained 15%, Nvidia went up by 13.22%, Tesla saw a cumulative drop of 3.10%, Meta fell 4.10%, and Microsoft dropped 6.49%. 4. The Nasdaq Golden Dragon China Index remained roughly flat, with a cumulative decline of 4.8% in May. Among popular Chinese stocks, Meituan rose 3.9%, Baidu increased by 2.4%, Pinduoduo gained 1.8%, Alibaba fell 1.4%, Xiaomi dropped 2.4%, and Li Auto declined 3.3%. 5. Bitcoin ETF experienced record consecutive net outflows, dragging prices down to around $72,000, finding support near the 100-day moving average at the end of the month. 6. Ford's stock price skyrocketed by 44% throughout May, marking the largest monthly gain since April 2009 (+127%).