(Updates with index/price moves, macroeconomic, and company/political news.) US equity indexes sl
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
SpaceX shares fell 6.8% to close at $149.47, below the $150 price where shares began trading June 12, the day of the rocket maker's initial public offering. Though the stock has dipped below that threshold in intraday trading four times, Tuesday was the first time it closed below $150.
The Nasdaq tumbled on Tuesday after a rebound in semiconductor stocks fizzled out overnight. The Dow dropped 131 points, or 0.3%. After chips rebounded on Monday, selling in memory stocks in South Korea bled into U.S. trading.
Major digital assets were weaker Tuesday, with Bitcoin (BTC-USD) holding above the $63,000 level.
Shares of earth imaging satellite company Planet Labs (NYSE:PL) fell 6.8% in the afternoon session after a broader tech sector sell-off appeared to outweigh the company's announcement of a successful satellite launch.
On the June 27 episode of the Animal Spirits podcast, Michael Batnick and Paul Schroeder of Invesco spent a segment on something that should annoy anyone who thinks they understand the NASDAQ 100. As of that date, Micron (NASDAQ:MU) carried a 5.7% weighting in QQQ (NASDAQ:QQQ) while Meta (NASDAQ:META) sat at just 2.6%, even though Meta’s total market cap was ... Why Micron Outweighs Meta 2-to-1 in the Nasdaq 100, Even Though Meta Is Way Bigger
(Updates with index/price moves and company/political news) US equity indexes slumped after chipm
Oil prices climbed higher after the U.S. government revoked sanction waivers for Iranian oil after commercial ship attacks. Brent crude futures climbed more than 5.1% to $75.65 per barrel while WTI futures rose 5% to $71.99. Oil prices were well below wartime highs, but still above prewar levels.
Multiple catalysts are driving big sell-offs for Rocket Lab.
Samsung crushed earnings, but investors wanted more. Now it -- and other semi stocks -- are being punished.
Bank stocks have enjoyed a nice run overall, and valuations are now fairly elevated.
Samsung posted a 19-fold profit increase and investors said "cool, we're selling anyway," dragging the Nasdaq Composite index deep into the red.
The announcement comes after Palantir Technologies stock fell 25% in June, marking its worst month since February 2021.
The FTSE 100 closed up 14.11 points, 0.1%, at 10,665.88.
SpaceX‘s (NASDAQ: SPCX) arrival on the Invesco QQQ Trust (NASDAQ: QQQ) benchmark is the fastest mega-cap onboarding the NASDAQ has ever executed. CNBC’s Morgan Brennan laid out the mechanics on air Tuesday morning. “SpaceX officially joins the Nasdaq 100. That will happen at the start of trading officially later this morning,” Brennan told viewers, framing ... Morgan Stanley: SpaceX Could Rally 87% as Wall Street Goes All-In
Intel Stock Drops as Investors Reassess the AI Chip Rally
The Nasdaq tumbled on Tuesday to continue a turbulent time for chip stocks. The tech-heavy index fell 1.3%. The S&P 500 dropped 0.5% and the Dow fell 70 points, or 0.1% amid a reversal of yesterday’s chip-stocks rally.
Here’s who is eligible for $1,000 in free money — and where it can be invested.

SpaceX (SPCX) has officially been added to the Nasdaq-100 (^NDX). JonesTrading chief market strategist Michael O'Rourke discusses more in the video above.
The announcement comes after Palantir Technologies stock fell 25% in June, marking its worst month since February 2021.
July 7 (Reuters) - The Nasdaq opened lower on Tuesday amid declining chip stocks, with investors questioning the momentum of the AI-led rally despite Samsung's strong earnings, while a report on