US Stocks | Midday Update | June 18
Eastern Time 10:33 AM | All three indices are rebounding with semiconductors leading the charge
Real-time performance of the three indices (change since open)
S&P 500: $7,480.58 (+0.82%)
Dow Jones: $51,702.87 (+0.41%)
Nasdaq: $26,288.95 (+1.03%)
VIX Fear Index drops to 17.15 (-7.00%), panic sentiment quickly dissipating
Midday sector movements & stocks
【Semiconductor sector skyrockets!】SOXX +5.36%, hitting the largest single-day gain recently
Broadcom AVGO +3.40% | AMD +3.08% | Nvidia NVDA +1.96%
Tech sector XLK +2.28% blooming all around
Core driver: Trump announces Apple and Intel have reached a chip design and manufacturing partnership, with Apple to use Intel for domestic chip production in the U.S., boosting the entire semiconductor supply chain
At the same time, Iran peace agreement signed, significantly reducing geopolitical risks, overall risk appetite returning
Weak sectors
Energy XLE -2.30% leading the decline (oil prices under pressure)
Tesla TSLA -2.90% continues its weakness
Palantir PLTR -2.93% | Snowflake SNOW -2.64%
Capital flow changes
At the open: Influenced by Fed Chair Warsh's hawkish speech yesterday, indices opened low and experienced fluctuations
Now: Capital is flowing back into tech + semiconductors, Intel-Apple news igniting buying pressure
Morning volume has hit S&P 1078M | Nasdaq 6595M, with strong liquidity
Small caps IWM +1.00% warming up in sync, as funds flow back from safe-haven assets to equities
Crypto real-time response
BTC $63,827 (-2.03%) | ETH $1,736 (-0.99%)
BNB $590 (-2.2%) | SOL $71 (-1.69%)
IBIT (BTC ETF) -0.65% | MSTR -3.55%
Today, crypto hasn't followed the rebound in US stocks, instead moving inversely, showing a clear divergence
BTC fluctuating in the $63,600-$66,400 range, yet to break key resistance
ETH oscillating in a narrow band of $1,720-$1,795, weaker than BTC
Midday sudden news interpretation
1) Bullish: Trump announces Apple and Intel's domestic chip manufacturing agreement, semiconductors soar
2) Bullish: Iran peace agreement signed, geopolitical premiums retreat, VIX plummets
3) Bearish aftershocks: Fed Chair Warsh hinted at a potential rate hike this year, the market is still digesting
4) Trump retracts Greenland tariff threat, easing trade tensions
Closing prediction & Crypto impact
Before noon, bulls are strong, Nasdaq expected to close up 1.5%-2%, S&P aiming for the $7,500 mark
If the semiconductor sector maintains strength, it may lead the Nasdaq throughout the day
But beware, the hawkish shadow of the Fed has not faded—after Warsh's speech yesterday, the market just went through a round of sharp declines; today is a technical bounce of exhausted bearishness plus bullish resonance, not a trend reversal
For crypto: If the US stock rebound continues into the close, BTC may follow to recover $64,000-$65,000
But if US stocks pull back at the close (profit-taking), BTC may drop below $63,000
#BTC #美股 #半导体 #Intel