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Big Tech stocks tumble while Micron continues to gain on Q3 earnings
Yahoo Finance Video43d agobearishVIDEO
Big Tech stocks tumble while Micron continues to gain on Q3 earnings

US stocks (^DJI, ^IXIC, ^GSPC) search for direction ahead of Thursday's session close, while Micron Technology (MU) holds onto gains following its massive earnings beat yesterday. Yahoo Finance Markets and Data Editor Jared Blikre takes a closer look at the day's market moves, Big Tech stocks, and how Micron's stock gains may be impacting Apple (AAPL).

The Dow May Finally Close Above 52,000. Fourth Time's the Charm?
Barrons.com44d agoneutral
The Dow May Finally Close Above 52,000. Fourth Time's the Charm?

The Dow is on track to close above 52,000 for the first time. The blue-chip index was up 214 points, or 0.4%, to 52,060. A close above 52,000 would mark its fourth thousand-point milestone of 2026; the Dow closed above 51,000 18 trading days ago, according to Dow Jones Market Data.

Apple Stock Is the Dow’s Worst Performer. Price Hikes Are Just the Latest Sting.
Barrons.com44d agoneutral
Apple Stock Is the Dow’s Worst Performer. Price Hikes Are Just the Latest Sting.

Apple stock fell on Thursday after the tech giant jacked up prices on its MacBooks and iPads, increasing worries that its comeback year could be screeching to a halt. Shares dropped 5.2% to $277.89, on pace for their largest percentage decrease since April 4, 2025, according to Dow Jones Market Data. The prices changes, all at least $100, are laid out on Apple’s website.

Why the Dow Is Soaring But the Nasdaq Is Falling
Barrons.com44d agoneutral
Why the Dow Is Soaring But the Nasdaq Is Falling

The stock market is leaving Big Tech stocks in the dust. The Dow surged 733 points, or 1.4%, while the S&P 500 gained 0.3%. The Nasdaq, which was up nearly 1% at the open, was down 0.6%. More than four-in-five S&P 500 stocks were set to close higher, but the Roundhill Magnificent Seven ETF dropped 2%.

💬 Money Quote: Profit Taking
The Wall Street Journal44d agoneutral
💬 Money Quote: Profit Taking

📣 "There are lots of traders there just trying to make a buck, so they follow the momentum and then try to take profits." —Thomas Martin, senior portfolio manager at Globalt Investments, on this morning's market moves.

There Goes the Nasdaq's Rally
Barrons.com44d agobullish
There Goes the Nasdaq's Rally

It is happening again. The Nasdaq, after opening higher and riding a rebound in tech stocks, turned sharply lower. It's exactly what happened on Wednesday. This time, it is down 0.6%. The S&P 500 rose 0.

The Market Surges on a Triple Dose of Summer Optimism. Can Stocks Finish June Strong?
Barrons.com44d agobullish
The Market Surges on a Triple Dose of Summer Optimism. Can Stocks Finish June Strong?

Stronger-than-expected earnings from Micron Technology an outlook that topped Wall Street forecasts, and a message from CEO Sanjay Mehrotra that there was no “line of sight” for supply keeping pace with increasing demand in the memory chip market will add more than $200 billion in market value to the S&P 500’s star-performing stock since the start of the year. Global oil prices, meanwhile, extended their long monthly retreat in overnight trading, and changed hands at levels last seen prior to the first U.S. attacks on Iran on Feb. 28. The moves peg one-month losses for Brent crude futures, the global pricing benchmark, at nearly 25%, and peg U.S.-focused West Texas Intermediate crude south of the $70 a barrel mark for the first time since February.